Factoid - Wednesday, May 6, 2026
Moody's reported that its trailing 12-month global speculative-grade default rate stood at 4.2% at the end of March 2026 (preliminary results), up from 4.1% in December 2025. Its baseline scenario sees the global default rate declining to 2.8% in December 2026. For comparison, Moody's puts the global historical average default rate at 4.2%. The U.S. speculative-grade default rate stood at 5.0% in March. Moody's baseline scenario sees the U.S. default rate falling to 3.2% in December 2026.
Posted on Wednesday, May 6, 2026 @ 9:01 AM

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