Worst corporate debt levels since Great Recession may hamstring Fed
April 12, 2016 at 17:23 PM EDT
Since the Fed started its series of quantitative easing programs at the end of 2008, nonfinancial U.S. companies have added nearly $2 trillion in debt to their books, according to data from the St. Louis Fed. That debtload may make raising interest rates no easy move for Janet Yellen’s Federal Reserve.