In the big default years of 1990 to 1991 and 2000 to 2001, defaults neared 10%.
Speculative-grade bond defaults were barely 2% in the fourth quarter, according to the agency.
Municipal and local municipal bonds will see historic defaults due to high levels of leverage.
But that assumes that the deal has taken further Greek defaults off the agenda.
The recent history of sovereign defaults and currency devaluations illustrates this phenomenon very clearly.
Today's situation is grim, but currency crises and sovereign defaults would only make the mess worse.
Auto loans defaults are actually in better shape than traditional consumer lending, like credit cards.
So far her prediction of widespread defaults has not been borne out, but give her time.
And a hard landing will soon cause LGFV defaults around the country, which will roil banks.
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Yet collective-action clauses will not make much difference to the way debt defaults are actually handled.
The interchange fees provided vital revenue for issuers during a time of high defaults and losses.
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The July stress tests, which did not allow for sovereign defaults, offer scant guidance.
Remember, when someone defaults on a loan, all debt of the issuer gets downgraded.
Everything else gets set to the defaults, including add-ons, Sync settings, open tabs and tab groups.
When it defaults via inflation, it forces private debtors to default along with it.
The market thinks the worst is not over for mortgage defaults and big bank failures.
These were periods of pretty heavy defaults, and yet national house prices rose every year.
Otherwise, major defaults from excess debts may destructively extinguish some of the excess money.
On the other hand, Robert Lenzner says that muni bond defaults will be rare.
But financial stresses on states and municipalities have soared, and potential defaults threaten Travelers.
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Now whether banks really need to insure themselves against possible defaults in that way is moot.
With defaults on the rise, the loans on Citi's books were overdue for a revaluation.
Smart savings policies should be automatic and utilize smart pre-made choices, or defaults.
In 2009 defaults reached an all-time high, with 264 companies defaulting--34 for the second time.
He has been actively involved in fixed income investing and bond defaults since 1976.
GMAC's problems relate to its subprime mortgage lending, rather than defaults on car loans.
Some of these assets are extremely complicated: credit derivatives, collateralized debt obligations, credit defaults swaps.
But nowhere near fast enough to stop the Greek and or Irish likely defaults.
What's the circuit breaker that would prevent the tumbling dominoes of bank and sovereign defaults?
What's the ripple effect from record mortgage loan defaults and a lowered interest rate?
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