Risk
Weak Companies’ Low-Yielding Bonds Set to Hit Maturity Wall
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
Tag: zombie companies
Market Moves
Gundlach Charges the Fed Is Propping Up Rickety Companies
The central bank’s program to buy corporate debt just delays the inevitable collapse and makes it worse, the Bond King contends.
Risk
Attack of the Zombies: Potential Deadbeats Are Almost 20% of Companies, Says DB
US businesses that lack the income to pay their huge debt service, kept alive by more borrowing, are on shaky ground, Deutsche Bank Securities’ Sløk warns.