Survey Forecasts Rising Defaults, Wider Spreads Amid Concerns Over China, Energy, Interest Rates, Europe And US Election

The International Association of Credit Portfolio Managers has released its quarterly Credit Outlook Survey.

Survey respondents expect wider credit spreads in the short term and rising defaults longer term, citing a lengthy list of troubling possibilities: slower Chinese growth, more trouble in the energy patch, possible next steps or not by the Federal Reserve and other central banks, Brexit and the upcoming US elections.

While survey respondents don’t believe everything will turn out badly, they are focused on whether we will be able to continue staying the current course or see a downturn in one or more macroeconomic issues. Read more


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