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Credit Markets in Distress, North American Defaults Rising, Confidence Intact… for Now

It is no secret that US credit markets have been increasingly stressed lately.  Junk bonds are tanking and junk’s ratios to the relative quality of Investment Grade and Treasury have as well. The percentage of North American companies losing money is steadily climbing and that should be an indication of a coming increase in corporate defaults.  From Credit Suisse, by way of the Daily Shot… … Continue reading Credit Markets in Distress, North American Defaults Rising, Confidence Intact… for Now