July 12, 2024 BY Elizabeth Anderson

Portfolio Managers Foresee A Rise In Defaults During Q3

The IACPM’s Aggregate Credit Default Index for Q2 2024 is minus 44.1, compared to the minus 36.5 recorded for this year’s Q1. Som-lok Leung, the IACPM’s executive director, said: Interest rates have stayed higher for longer and borrowers are beginning to feel the pinch, alongside the difficulties posed by continuing inflation. This survey shows that…

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