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2024-11-05 17:54:35

Bloomberg Markets :press: on Nostr: Credit Markets Face Risk of a $60 Billion Wave of Fallen Angels Some of America’s ...

Credit Markets Face Risk of a $60 Billion Wave of Fallen Angels

Some of America’s biggest businesses may lose their coveted investment-grade ratings, flooding US junk-bond markets with as much as $60 billion of debt — the highest in nearly a decade, excluding 2020 when the Covid-19 pandemic broke out. #press

https://www.bloomberg.com/news/articles/2024-11-05/credit-markets-face-risk-of-a-60-billion-wave-of-fallen-angels?utm_source=press.coop

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