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Global Deals Review: Q4 2009

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Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

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Global junk bond default rate rises to 1.79 pct-S&P

Thu Aug 14, 2008 2:11pm EDT

NEW YORK, Aug 14 (Reuters) - The global junk bond default rate rose to 1.79 percent in July from 1.44 percent in June as U.S. financial and real estate firms struggled to keep up with debt payments, Standard & Poor's said on Thursday.

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The U.S. default rate rose to 2.37 percent in July from 1.92 percent in June and is likely to rise to 4.9 percent over the next 12 months, S&P said in a release.

(Reporting by Dena Aubin, Editing by Chizu Nomiyama,) (dena.aubin@thomsonreuters.com; +1-646-223-6325; Reuters Messaging: dena.aubin.reuters.com@reuters.net))
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