Interpreted Prediction
Predicted that high yield debt default rates will drift down below 3% in 2026.
AI Evaluation Notes
According to S&P Global, the trailing 12-month speculative-grade corporate default rate rose to 3.8% in September 2025 and 4.2% in December 2025. This indicates that the prediction of default rates drifting below 3% in 2026 was not entirely accurate.