U.S. corporates' speculative and investment grade debt maturing in five years has now risen to over $2 trillion. Half of it is speculative grade. As interest rates rise and spreads widen, the environment will be tougher for below investment grade companies wanting to refinance their debt.
U.S. corporates' speculative and investment grade debt maturing in five years has now risen to over $2 trillion. Half of it is speculative grade. As interest rates rise and spreads widen, the environment will be tougher for below investment grade companies wanting to refinance their debt.
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