Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery
Credit default risk in the US is set to peak by mid-2024 before beginning to decline in most sectors, with leveraged loans showing the highest projected default rate compared to 12 other US sectors, writes William Bennett-Lynch and Grant Murgatroyd for Preqin, citing Credit Benchmark’s 2024 Default Risk Outlook.
Credit Benchmark says US oil & gas industry has most benign default risk outlook vs. other US sectors.
Credit Benchmark’s new 2024 Default Risk Outlook covers 13 US Industries. The report predicts default risks to peak by mid-2024 for most industries, followed by credit recovery in H2 barring escalation in geopolitical risks.
Credit Benchmark have released the January-24 end-month industry update, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions.
Please complete the form below to arrange a demo.
