The Economist asks:
Will the U.S. leveraged loan default rate reach or exceed 5.0% before 1 September 2021?
The economic impacts of COVID-19 have seen an increase in loan default rates, but when the default cycle will peak remains unknown (Economist, S&P Global). The outcome will be determined using the U.S. leveraged loan default rates published by S&P Global Market Intelligence at https://www.spglobal.com/marketintelligence/en/campaigns/leveraged-loan. Under the "Leveraged Loan Trends" section, click on the "Default Rate" tab to show the "Leveraged loan default rates - US (principal amount)" graph. The rate reported for 30 September 2020 was 4.17.