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3-Year High in Junk Bond Defaults in Second Quarter

TedTed
in The OT Bullpen
FYI: The number of defaults among companies rated below investment grade jumped to 15 in the second quarter, a three-year high, according to Moody’s Investors Service. There were just 10 in the first quarter of 2015 as well as in the second quarter of 2014.
Regards,
Ted
http://blogs.barrons.com/incomeinvesting/2015/07/31/3-year-high-in-junk-bond-defaults-in-second-quarter/tab/print/
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