Wednesday, Jun 16, 2010
S.&P. Warns of Rising Corporate Defaults
Nytimes: S.&P. Warns of Rising Corporate Defaults
But the sovereign debt crisis in Europe, along with lingering concerns that the American economy may slip back into recession, seems to have curbed investors’ appetite for speculative-grade debt, or junk bonds, for quite some time.
American companies currently have more than $1.7 trillion in S.&P.-rated bonds and loans maturing from 2011 to 2014.
Posted by mark @ 09:22 AM (459 views) Add Comment
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