Global Loan Defaults Predicted to Rise Amid Tariff Uncertainty
New York, NY – Members of the International Association of Credit Portfolio Managers, responding to the latest IACPM Credit Outlook Survey on the eve of new US tariffs, say credit spreads will widen and defaults will rise globally. A majority of respondents, who manage risk in corporate loan portfolios at global banks, insurance companies and asset managers, expect defaults to rise in North America, Europe, Asia and Australia. In terms of credit spreads, 63% think investment grade spreads will wid-en in North America and 55% believe investment grade spreads will widen in Europe.