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#OP2017: High-yield default rates exceeds 25% — #SaxoStrats
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High-yielding bond default rate spirals to 25% from less than an average 4% as QE and ZIRP strategy failures come home to roost.
Saxo Bank's Chief Economist and CIO Steen Jakobsen explains his outrageous prediction for 2017.
Outrageous Predictions 2017 webpage