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Corporate Defaults Hit Highest Level Since 2016. Expect More to Come.

Por: MarketWatch Business April 14, 2023

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While debt holders of these defaulting companies are getting hurt now, the trend has broader implications. Corporate default is viewed as a sign of the economy and financial system’s health, and a rising rate could impact investor sentiment, stock prices, and even lenders’ behavior.     American companies contributed to nearly two-thirds of the corporate defaults in the first quarter. Credit conditions have further deteriorated in March... + full article



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