The assessment of default risk is also critical in the valuation of corporate bonds and credit derivatives such as basket-default swaps. There is an important distinction between default risk under ...

Bond ratings indicate a bond's credit quality, helping investors assess default risk ... We'll also provide a brief primer on the difference between investment-grade and junk bond securities.

The U.S. government will risk defaulting on some of its $36.6 trillion in debt sometime between mid-July and early October unless Congress acts to raise the cap on Washington's borrowing limit, the ...