Companies and Markets

Companies and Markets

In One Chart: Junk-bond defaults eclipse past two years in 3 months as Wall Street braces for credit crunch

Goldman Sachs this week increased its default forecast for U.S. high-yield, or “junk-rated,” corporate bonds this year to 4% from 2.8% after more companies this year have been buckling under their debts. The cloudier outlook for junk bonds comes as...

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