Bain's Lavine: Default Rate Could Double in Next Year

Bain's Lavine: Default Rate Could Double in Next Year

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For your information, you can find below the description of the video Bain's Lavine: Default Rate Could Double in Next Year published by the Youtube channel Bloomberg Markets and Finance:

Jonathan Lavine, co-managing partner at Bain Capital, says corporate default rates could rise to the 3% range within the next year. "It's about 1.5% right now. We think that that could double in the next year or so," Lavine says on "Bloomberg Markets."