Market Extra: Goldman gets rosier on ‘junk’ rated companies, trims default forecast to 10.5%

After three blistering months of defaults, the worst might be over for U.S. speculative-grade companies, says Goldman Sachs analysts, who this week cut back their initial 13% default estimate for 2020.

After three blistering months of defaults, the worst might be over for U.S. speculative-grade companies, says Goldman Sachs analysts, who this week cut back their initial 13% default estimate for 2020.