This month's Capital Markets View sees a new face on the sofa, Ruth Yang, Managing Director, Global Head of Thought Leadership, S&P Global Ratings, joins Chris to talk about:

• The Leverage Finance market (very low volumes) 
• Falling secondary pricing (albeit supported by multiple bids) 
• The stalling of the economy, 
• Where CCCs might go, 
• The maturity wall and finally,
• S&P’s default rate predictions.