Credit portfolio managers responding to the latest IACPM Credit Outlook Survey believe credit spreads will widen over the next three months and defaults will increase over the next 12 months. The new survey released today shows overall negative scores of minus -18.8 for credit spreads and minus -36.3 for defaults.
Latest IACPM Credit Outlook Survey Forecasts Rising Global Defaults As Outlook Modestly Dims For North America; Credit Spreads Expected To Widen In North America, Remain Unchanged In Europe
Survey respondents in the latest IACPM Credit Outlook Survey forecast rising defaults over the next 12 months and wider credit spreads over the next three months. The IACPM Credit Default Outlook Index is negative -31.3 in the latest reading, while the IACPM Credit Spread Outlook Index is minus -21.8. Both results imply deteriorating credit conditions.
North American Default Outlook Edges Closer To Neutral New York, NY – Respondents to the latest IACPM Credit Outlook Survey continue to forecast rising defaults and wider credit spreads …