🔴 Default risks stalk nearly $2 trillion of junk-rated debt as U.S. businesses face higher interest rates.
🔴 Non-investment grade US companies face growing refinancing and default risks with interest rates expected to stay high and financial conditions for borrowers tightening, according to Moody's Investors Service.
Reed More: https://finance.yahoo.com/news/default-risks-loom-nearly-2-201501420.html
