The default rate in Europe’s €340bn high yield — or junk — bond market will climb to 5 per cent this year, according to a prediction from JPMorgan, the US bank. That is up from a rate of 3.3 per cent ...
In looking at how the global economy and markets may evolve in 2025, we keep it simple by focusing on the five key themes that guide how we invest our clients’ money. Our early forecast is that ...