Defaults hold steady at low level, says Fitch
Default rates remain stable at a low level, with the trailing 12-month high yield default rate for April at 1.1%, virtually unchanged from the level seen a month prior.
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 1 day ago
- Neuberger Berman resets 2016 vintage for second time 1 day ago
- Beach Point brings in tight price for third US CLO 1 day ago