Moody's Default Research provides a wide range of statistical analysis for market participants interested in tracking near- and long-term rating histories, default rates, and recovery rates for corporations, financial institutions, and sovereigns...more

Default rate moves up but pace of defaults slows in recent months
The trailing 12-month global speculative-grade default rate finished at 12.0% in the third quarter of 2009, up from a level of 10.6% in the previous quarter. A year ago, the global default rate stood at only 2.8%. Our default rate forecasting model now predicts that the global speculative-grade default rate will peak to 12.5% in the fourth quarter of this year and then decline sharply to 4.5% a year from now ... October report... more

Global Speculative-Grade Default Rate Increases to 11.5% in August
The global speculative-grade default rate edged up to 11.5% in August from a revised level of 11.0% in July. A year ago, the global default rate stood at only 2.5%. Our default rate forecasting model now predicts that the global speculative-grade default rate will rise to a peak of 12.6% in the fourth quarter of this year and then decline sharply to 4.3% by August 2010... September report... more

Global spec-grade corporate default rate surpasses 2002's peak
The global speculative-grade corporate default rate rose to 10.7% in July from a revised 10.3% in June, says our new report. A year ago, the global default rate stood at only 2.3%. July's default rate surpassed the 2002 peak of 10.4% but was below 1991's peak of 12.2%. August report... more