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Daily Archives: December 31, 2019
Leaping finance costs are canary in coal mine for highly indebted corporate sector
Over the past 21 months, selling in ‘junk’ grade CCC corporate bonds has pushed their prices down and average yield up from 7.7% in February 2018 to 11.31% by November 2019—a massive 46% increase in borrowing costs for highly indebted … Continue reading
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