Investing, BI Prime, Milken 2019, Debt, debt market, Corporate Debt, High Yield, high yield bonds, Recession, investment grade debt,

The brightest minds on Wall Street say companies are sitting on a ticking time bomb that could spark a rash of bankruptcies — and make the next recession even worse

By

Getty Images / Scott Olson A record portion of the investment-grade bond market is sitting just one step above junk status. If the credit ratings of those companies fall at all, it would greatly increase their likelihood of default. And if a rash of firms default at once, it would put serious pressure on the […]

MustHaves.LA a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.