Dr. Edward Altman Says Commercial Bankruptcies Are Set to Spike in 2024-25
Octus Radio
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The Risk Premium for High Yield Bonds and Leverage Loans
There's no question in my mind that we're going to see rising default rates, even if we don't have a recession. The required rate of return or the spread over risk-free treasuries is still below the historic average. And it could even go to 8, 9, 10% default rates, which is one definition of a credit crisis.
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