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Corporate Bond Default Rate Highest Since Great Depressionread...

  1. GrahamCC
    478 Posts.
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    08/04/09
    17:19
    Post #: 4996742
    Corporate Bond Default Rate Highest Since Great Depression

    read the full story at http://globaleconomicanalysis.blogspot.com/2009/04/corporate-bond-default-rate-highest.html

    I can cope with a 7% default rate at current YTMs

    Before anyone again decries hybrids and their 7% default rate, remember that thay rank in preference to ordinary shares. Their default rate must be > 7%.

    Cheers
    MXG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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