Latest IACPM Credit Outlook Survey Forecasts Rising Defaults and Wider Credit Spreads in Light of Geopolitical Concerns and in the Wake of 2024 Elections
New York, NY – Amid considerable uncertainty in light of continuing geopolitical concerns and especially following 2024 elections, particularly in the United States, respondents to the latest IACPM Credit Outlook Survey are forecasting rising defaults and wider credit spreads. The 12 month Credit Default Index fell to minus -42.8 in the current reading from negative -30.4 in the previous survey taken at the beginning of last October. The three month Credit Spread Index is minus -48.6 in the latest survey compared to negative -23.3 in the last survey.