"Fitch Ratings forecasts that the junk bond default rate will stay at about 5 per cent until 2022, for a cumulative, three-year default rate of 15-18 per cent. That compares with a three-year cumulative default rate of 22 per cent in 2008-10."
ft.com/content/ca5fbc… https://t.co/ibdgI75D4I
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…