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Junk Bond Default Surge Continues in 2024
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Junk Bond Default Surge Continues in 2024

by Peter Schiff‚ Schiff Gold: Consumers aren’t the only ones defaulting on their debts: Corporate bond defaults were up massively in 2023‚ especially for high-risk junk debt‚ and the trend is continuing this year at a pace not seen since the 2008 global financial crisis. Unsurprisingly‚ companies selling low-rated junk debt are being hit the worst. […]
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