US Corporate Debt Defaults in 2023 Surpass Last Year’s Total
Posted By Peter Coyne | 2023-07-23 04:04:54
The total amount of corporate debt defaults in the United States this year have already exceeded the amount seen in 2022.
- Experts have been warning of a wave of defaults to hit the economy for some time due to higher borrowing rates.
- At least fifty-five American-based companies defaulted on their loans in the first half of 2023.