Fitch: 4.9% Q1 Default Rate, But Marginal Incremental Dollar Losses (Business Wire)

- YAHOO.COM

... the trailing twelve month default rate stood at 13.6% (12% excluding fallen angels), up from 13.2% in February (10.8% excluding fallen angels)....... billion default volume in the first quarter of 2001, close to $11 billion consisted of fallen angel defaults, while all of the current quarter’s defaults were rated non-investment grade one year...

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