Cambridge Associates Modification Rate
Moody's B Cumulative Default Rate
Created with Raphaël 2.1.2
0.4%
X
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
22.0%
17.6%
2002
18.1%
7.7%
2003
10.8%
20.0%
2004
9.1%
18.1%
2005
19.9%
16.9%
2006
21.0%
22.2%
2007
22.8%
21.4%
2008
21.7%
11.5%
2009
12.5%
8.2%
2010
6.7%
7.1%
2011
9.7%
6.4%
2012
11.3%
6.0%
2013
10.8%
5.0%
2014
7.3%
3.1%
2015
5.8%
1.0%
2016
1.6%
0.5%
2017
0.4%