Latest IACPM Credit Outlook Survey Forecasts Worsening Credit Conditions ; Survey Also Shows Markets Have Ample Liquidity and Corporate Treasurers Have Ready Access to it

New York, NY – Survey respondents to the latest IACPM Credit Outlook Sur-vey are modestly less optimistic about future credit conditions in the face of continuing covid-19 challenges and the potential for higher interest rates. They say corporate de-faults could rise over the next 12 months compared to a flat or modest expectation that defaults would decline in the last quarterly survey taken at the beginning of July. At the same time, though, they say credit conditions are still strongly favorable.