Seeking Alpha

U.S. Public Energy Companies Record Highest Median Default Risk At 2024-End

The energy sector recorded the highest median odds of default at the end of 2024 as risk scores were mixed across other sectors, according to S&P Global Market Intelligence's RiskGauge model. Oil and ...
Seeking Alpha

Default Risk Eases For Most U.S. Market Sectors In Q3 2024

Default risk for most US public companies decreased in Q3 2024, with median default scores dropping in 7 of 11 market sectors. Healthcare, utilities, real estate, and financials sectors showed stable ...
San Francisco Fed

Asset Purchases in a Monetary Union with Default and Liquidity Risks

Using a two-country monetary union framework with financial frictions, we quantify the efficacy of targeted asset purchases, as well as expectations of such programs, in the presence of sovereign ...
CNN

‘It’s not zero.’ Wall Street is pricing in a small but growing risk of a disastrous US default

A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario. As ...
San Francisco Fed

Can Structural Models of Default Explain the Credit Spread Puzzle?

Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...