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Bank of America: The default rate on European corporate debt may decline in the first half of 2025
Golden Ten Data, November 11th news, Bank of America analysts said in a report that the default rate of European corporate debt is expected to decrease in the first half of 2025. Bank of America stated that four key indicators, including macroeconomic data, non-performing asset ratio, loan standards, and financing costs, indicate an improved outlook for default rates. Analysts said that by 2025, the default rate may decrease from an average of 2.3% in the third quarter of 2024 to around 1.5% to 2%.