US Corporations Are Filing For Bankruptcy At The Fastest Pace Since 2010
May 26, 2023 at 18:00 PM EDT
One would not know it from looking at the S&P which just hit a 2023 high, but there is a bit of a bankruptcy crisis sweeping the US where companies are filing for bankruptcy at the fastest pace in 13 years, in a clear sign of a tightening credit squeeze as interest rates rise and […] Source