LBO refi needs could overwhelm demand, warns Goldman Sachs

The supply of new high yield debt could overwhelm demand this year, warns Goldman Sachs

Comment by: Douglas Watson. Posted 14 years ago [2010-02-16 21:57:16]

Interesting possibility of a double peak in default rates which will, of course, make for yet another radical correction of the rating agencies' heroic predictions of rapidly and steadily falling defaults over the next year.