11.11.2013 16:27:00
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Moody's: Global spec-grade corporate default rate holds steady in October
New York, November 11, 2013 -- Moody's trailing 12-month global speculative-grade default rate came in at 2.8% in October, Moody's Investors Service says in its monthly default report. The latest global reading was unchanged from the month-ago level, but down from 3.2% this time last year.