Despite the US Federal Reserve’s decision last month to ease the Fed Funds rate, 42% of respondents to the latest IACPM Credit Outlook Survey expect corporate credit defaults to rise globally over the next 12 months.
2024
Respondents to Latest IACPM Credit Outlook Survey Say Defaults Are Already Rising
Respondents to the latest IACPM Credit Outlook Survey are forecasting rising defaults over coming months with some saying they’re already seeing an increase, especially among smaller borrowers.
Credit Outlook Still Negative but Improving; Mixed Outlook for Credit Spreads
Concerns regarding a possible recession remain high in Europe and the United Kingdom. Respondents are more optimistic regarding Asia and North America
Expectations for Rising Defaults and Wider Credit Spreads Ease in Latest IACPM Survey But Remain High
Many survey participants in the newest IACPM Credit Outlook Survey believe the euphoria seen in global financial markets the last two months of 2023 was overdone.