The Chicago Entrepreneur

In One Chart: Junk-bond defaults eclipse past two years in 3 months as Wall Street braces for credit crunch

Goldman Sachs is raising its default forecast for U.S. high-yield, or “junk-rated,” corporate bonds this year to 4% from 2.8% as more companies fall behind on their debts.

Previous post : Dow ends 130 points higher Friday, stocks book weekly gains despite continued banking sector concerns
Next post Market Extra: Bond market ‘screams’ rate cuts as yield curve points to real-time slowdown in U.S. economy