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Corporate borrowers squeezed by rising rates

Por: ABC News Business March 10, 2023

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Companies that piled on debt throughout the pandemic and the economic recovery could be in for a tough road ahead as the bills come due.Corporate borrowers will have to pay more of that debt back as refinancing grows more difficult with rising interest rates. The persistent squeeze from inflation is keeping costs high for many companies while stifling consumer demand and sapping purchasing power.Corporate debt rose from roughly $16.3 trillion... + full article



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