Tuesday, July 31, 2007

Company default risk index rises modestly-Kamakura

(Reuters) - High-grade corporate bond spreads widened 28 basis points
in July to 128 basis points. High-yield spreads widened 126
basis points to 424 basis points in July, according to Merrill
Lynch & Co. data.




"Credit spreads continue to widen but the Kamakura troubled
company index shows that actual default rates remain very low
by historical standards," Warren Sherman, the company's
president, said in a statement.


Read more at Reuters.com Bonds News

No comments: