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BRIEF-Moody's :Global spec-grade default rate declines slightly to 2.9% in October
November 8, 2012 / 8:22 AM / 5 years ago

BRIEF-Moody's :Global spec-grade default rate declines slightly to 2.9% in October

Nov 08 (Reuters) - Global speculative-grade default rate

* Moody’s trailing 12-month global speculative-grade default rate came in at 2.9% in October, down from 3.1% in September and just above the rating agency’s year-ago forecast of 2.2%, Moody’s Investors Service says in its monthly default report.

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