Corporate Defaults News Today

Among non-financial companies, corporate defaults nearly tripled last year compared to 2022, and Moody's expects that figure to climb.

Firms took out a record $150 billion in bond-issued debt this month, the most ever recorded in the first few weeks of January.

"We expect a moderate default rate for the next 12 to 18 months — around 4% to 5% — rather than a tsunami of defaults and downgrades," Bernstein said.

Defaults next year will rise to a rate of 3.5%-4.0% for leveraged loans, and 5.0%-5.5% for high-yield bonds, Fitch Ratings says.

Defaults next year will rise to a rate of 3.5%-4.0% for leveraged loans, and 5.0%-5.5% for high-yield bonds, Fitch Ratings says.

Defaults next year will rise to a rate of 3.5%-4.0% for leveraged loans, and 5.0%-5.5% for high-yield bonds, Fitch Ratings says.

There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one investment research firm manager.

Defaults could ramp up by 1.5 times next year from the $30 billion level seen over the past 12 months, according to Bank of America.

"Under unchanged policies, debt dynamics in the US are very unfavorable," according to the International Monetary Fund.

Rising interest rates mean UK companies face added pressure to repay debts and a higher risk of corporate defaults, the Bank of England has warned.