(Reuters) - The two defaults bring the year-to-date total to 10,
affecting rated debt worth about $2 billion, the agency said.
The 12-month global corporate speculative-grade bond default
rate fell to 1.2 percent in May, from 1.25 percent in April,
well below its long-term average of 4.48 percent, S&P said.
Read more at Reuters.com Bonds News
affecting rated debt worth about $2 billion, the agency said.
The 12-month global corporate speculative-grade bond default
rate fell to 1.2 percent in May, from 1.25 percent in April,
well below its long-term average of 4.48 percent, S&P said.
Read more at Reuters.com Bonds News
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