Energy Failures Push U.S. High-Yield Default Rate to 6-Year HighBy
Overdue speculative bonds reach 5.1 percent in second quarter
Fitch expects skipped payments to hit $90 billion by year-end
U.S. high-yield bonds in default reached the highest levels in at least six years as more energy companies buckled under pressure from stagnant oil prices.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.