Has Default Become the Latest Buzzword?
The discussion surrounding a possible default seems to be becoming a “hot-button” topic here early in the new year.
Source: etftrends.com
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The discussion surrounding a possible default seems to be becoming a “hot-button” topic here early in the new year.
With a widely anticipated recession expected for the U.S. economy in 2023, the notion of elevated default rates occurring in the HY space has also garnered increasing attention.