In comparison, according to Standard & Poor's Ratings Services Global Fixed Income Research estimates, the 2014 U.S. speculative - grade corporate bond default rate was 1.52 %. (indexologyblog.com)
Non-investment grade corporate bonds defaulted at a whopping 31.37 percent rate. (sapling.com)
The CDS market is generally viewed as the most efficient and liquid market for protection against corporate bond defaults. (proshares.com)