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Outlook for junk bonds gets cloudier as U.S. recession risks loom

Por: MarketWatch Business November 19, 2022

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Uncertainty about the U.S. economy has once again reared its head, with the Federal Reserve vowing to tame inflation. The Fed’s key tools in its battle have been rapidly increasing its policy interest rate to make it more expensive for businesses and households to borrow, but also by shrinking its balance sheet. Companies that rely on junk-rated debt for funding already count as a relatively high default risk, but higher borrowing costs over a... + full article



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