The telecom and energy sectors drove record defaults in Q2
Recreation, retail and resource sectors look most exposed
The rating agency sees Canada's default rate declining amid stronger corporate liquidity
Evolve has announced it is closing two funds
Corporate defaults will likely remain lo
Plunging oil prices have added to the default risk of energy issues, meaning potential payouts could be impressive
Default rate expected to remain low by historical standards
Liquidity - more than defaults - rules the high-yield debt market. And when defaults rise, price moves will be even more dramatic
Bonds trending closer to U.S. bond covenant quality
Report finds covenants declined this past year across all high-yield risk categories