BIS Fears “Bulge of BBB Debt” and “Financial Cycle” Default Waves
December 17, 2018In its 4th quarter review, the BIS is concerned about the rise in near-junk debt, fearing "waves" if the economy sinks.
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In its 4th quarter review, the BIS is concerned about the rise in near-junk debt, fearing "waves" if the economy sinks.