The Junk Asset Class Yet To Implode

If we enter a recession, these floating rate loans will bear two simultaneous burdens: rising interest payments along with collapsing revenues. That’s a classic recipe for bankruptcy.

The Junk Asset Class Yet To Implode
If we enter a recession, these floating rate loans will bear two simultaneous burdens: rising interest payments along with collapsing revenues. That’s a classic recipe for bankruptcy.

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