Equal-weighted Moody's + S&P + Fitch annual default studies
| source | Moody's / S&P / Fitch |
| derivation | published_source |
| quality | published |
| set | 2026-05-25 |
| last reviewed | 2026-05-25 |
| next review due | 2026-06-30 |
Reduces single-agency bias in PD/transition assumptions.