Default rate continues to decline, says Moody's
Moody's global speculative grade default rate declined again in April, easing to 2.3% from 2.6% a month earlier, and well down from the 9% figure seen a year ago.
CLOs
- Middle market portfolios aren't immune to rate stress, according to new research 1 day ago
- Sona prices CLO number two 1 day ago
- Another 2016 vintage CLO gets reset as Octagon stays busy 2 days ago
- Neuberger Berman resets 2016 vintage for second time 2 days ago
- Beach Point brings in tight price for third US CLO 2 days ago
