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: Securities Law Prof Blog

Expert Predicts Increase in High-Yield Bond Default Rate

By Securites Lawprof

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NYU finance professor Edward Altman predicts that high-yield bonds will default at a rate of 4.64% this year, up from 0.51% in 2007. This would be the highest rate since 2003. WSJ, A Year of Reckoning.

Full post as published by Securities Law Prof Blog on February 06, 2008 (boomark / email).

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