Default Rate Seen Falling Fastest in Europe

The U.S. default rate will end this year at 2.3 percent, up from 2.2 percent at the end of 2013 and down from 2.7 percent in the third quarter, according to Moody’s. Europe is expected to see the biggest fall in defaults, to 2.1 percent at year-end, from 3.6 percent in the third quarter of 2013.

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