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Moody's new report said "as retail and.....>

US BONDS
US BONDS: Moody's new report said "as retail and apparel companies emerge from
their worst year since the Great Recession, many will be happy to put 2017
behind them. But while more defaults and rating downgrades are expected in the
next several months, this year will be brighter overall, even for department
stores."
- "After a particularly difficult year, the US retail and apparel industry is
bracing for more defaults and rating downgrades in the next few months," said
Moody's VP Christina Boni. "That said, we expect defaults among
speculative-grade retailers to drop sharply to 5% in October from 9% today, but
only after peaking at 11% in March."

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