Exact(60)
Corporate debt defaults are at their highest in a decade, says Moody's Investors Service.
Europe can look to a long history of debt defaults by sovereign nations for precedent.
Trading in these swaps, which offer insurance against debt defaults, exploded in recent years.
He told lenders to China's private sector factories they should expect debt defaults.
At worst, however, it could cause a chain reaction of debt defaults.
I lived in Brazil in the 1980s when hyperinflation and debt defaults were the norm.
Policy makers need to bring interest rates up, yet are worried about creating debt defaults and attracting speculative money.
Greece, with its long history of debt defaults and bouts of high inflation, was the most striking example.
They were late in spotting the wave of corporate debt defaults in the early part of the century.
In the world of sovereign debt defaults, it is hard to imagine a less sympathetic debtor than Argentina.
They all wanted to believe that their credit-default swaps could continue to insure against debt defaults.
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