US Corporate Default Rates Remain Within Forecasts in May, Fitch Ratings Reports

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-18
Category: finance
Source: Fitch Ratings
Original source

Fitch Ratings announced that the U.S. leveraged loan (LL) trailing 12-month default rate slightly decreased to 4.5% in May 2026, while the high-yield (HY) default rate held steady at 2.9%. Both rates are within Fitch's 2026 forecast ranges, indicating resilience in leveraged finance markets despite ongoing geopolitical tensions.

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