Expected default rates on leveraged loans have fallen, although underwriting standards appear to have weakened
Expected default rates on leveraged loans have fallen, although underwriting standards appear to have weakened The default rate on leveraged loans increased rapidly early in the pandemic but has declined since last https://americashpaydayloan.com/pawn-shops-ma/ summer (figure 2-7). Additionally, downgrades of leveraged loans have slowed significantly over […]