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Columbia Threadneedle Investments

2024 Top 500 ranking: 43

European high yield: default rate coming down

European high yield- default rate coming down

Our par-weighted default rate forecast for European High Yield (EHY) is 3.8% for the forward 12-month period and 7.2% for the forward 24-month period. Excluding hybrid issuers, the default rate increases to 4.5% over 12 months and 8.5% over 24 months. This compares to a LTM (last 12 months) default ...

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