Sharon Ou
VP-Sr Credit Officer/Mgr/CSR
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Mar 13, 2024 • 17min
Corporate default rate will ease in 2024 while remaining near its long-term average
Exploring corporate default trends and distress exchanges in 2023, with a focus on regional shifts in North and Latin America. Predictions for a decline in default rate to 3.6% by 2024, influenced by rate cuts, private lending, and potential risks like inflation and energy shocks
