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Moody's Global Credit Research1340 word report
published Jun 09, 2008
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Global Credit Research Announcement # JUN #### Announcement: Moody's: Global Default Rate Continues To Rise New York, June ##, #### -- Moody's global speculative-grade default rate increased to #.#% in May from #.#% in April, Moody's...
Report Type: Announcement
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Moody's Global Credit ResearchMoody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.