Distressed Debt Balloons to Almost $1 Trillion, Nears 2008 Peak
This will probably get much worse.
(From Yahoo Finance)
Every sector except utilities is under stress, with distressed ratios growing by double or triple digits. Telecommunications, retail, entertainment and healthcare industries make up the bulk of distressed debt.
Reprinted from: https://www.ac2news.com/2020/03/distressed-debt-balloons-to-almost-1-trillion-nears-2008-peak/
