Beware the “Default Leverage Effect”
July 1, 2020 6:16 am
David Munves discusses the effects of COVID-19 on the leveraged loan markets and identifies the risk to current valuations, including junk bonds and degrees of difference between long-term average default rates per rating category and large variations in default rates on a yearly basis.
Tags: Finances, Junk Bonds, Leveraged LoansCategorised in: Finances
This post was written by henrietta.poirier
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