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Now Comes the Great Corporate Deleveraging

  • Written by admin | No Comments Comments
    Last Updated: June 2nd, 2009

    … it has certainly not eliminated the underlying credit crunch. According to data from Standard & Poor’s, … of corporate high-yield debt, often called “junk bonds,” will come due between now and 2015. … the banks’ lending capacity. But economist Tim Bond of Barclays Capital (BCS) has suggested that …

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