📄 Extracted Text (124 words)
Speculative Grade Defaults
(US Trailing 12-month Issuer-Weighted)
• Speculative grade defaults have dropped to near historical lows, and are projected to remain low based on positive
fundamentals and technicals
Moody's Default Rate (Quarterly)(t)
16.00%
—Moody's Default Rate (Quarterly) US Baseline Forecast
14.00%
12.00%
10.00%
8.00%
6.00%
4.00%
2 00%
0 00%
lac
Ac) \p"' 0 0 0. A' sk \sin 5§' 3° Al Al A0 0' / e 1
4/° 1
4/° 1 4/' NI' sti <') 1
4/' 1 4/'3 1
4/°' .4*
v'leP v' V) 1 t V) 1 "Y 1 1 0 1
Deutsche Bank 11
(1) Source: Moody's Monthly Default Roped -Jan 2014
Corporate Banking & Securities
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0124597
CONFIDENTIAL SDNY_GM_00270781
EFTA01462179
ℹ️ Document Details
SHA-256
e3e06ef9b12f0230be384d97755099539ef53feb925d7afa357283806360cb20
Bates Number
EFTA01462179
Dataset
DataSet-10
Document Type
document
Pages
1
Comments 0