Moody’s forecasts a default rate for Asian junk bonds of 3.3 per cent until the end of 2016, down from 5.6 per cent. Photo: AFP
Cathy Zhang
Opinion

Opinion

Across The Border by Cathy Zhang

Asia junk bonds default rate to moderate amid globe easing

However, the commodities sector will continue to see high levels of default driven by overcapacity and weak demand, says Moody’s

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Moody’s forecasts a default rate for Asian junk bonds of 3.3 per cent until the end of 2016, down from 5.6 per cent. Photo: AFP
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