Junk bond default rate to triple within 12 months, S&P says

Article Link: Junk bond default rate to triple within 12 months, S&P says

S&P Global Ratings said the default rate for high-yield, or junk, bonds is heading to 10% over the next 12 months, more than triple the rate of 3.1% that closed out 2019.

Source: CNN Investing