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2023-06-03 13:29:31
According to an annual report by Deutsche Bank, high-yield bonds and loans in the United States and Europe face the risk of default in the coming years.
The report indicated that the rates of default on high-yield debts increased significantly during 2023, as a result of the economic pressures resulting from global inflation.
The report expected these rates to rise further in the next three years, as the default rate on high-yield bonds in the United States will reach 9% by the end of 2024, and the loan default rate will reach 11.3%.
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#Deutsche #Bank #warns #wave #defaults #America #Europe
