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Day Of Reckoning News: The Coming Corporate Default Wave Will Be The Worst Ever
04-06-2016, 09:18 PM,
#1
Day Of Reckoning News: The Coming Corporate Default Wave Will Be The Worst Ever
Day Of Reckoning News: The Coming Corporate Default Wave Will Be The Worst Ever

When the next corporate default wave comes, it could hurt investors more than they expect. Losses on bonds from defaulted companies are likely to be higher than in previous cycles, because U.S. issuers have more debt relative to their assets, according to Bank of America Corp. strategists. Those high levels of borrowings mean that if a company liquidates, the proceeds have to cover more liabilities.


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