Tightening of financial conditions “is happening at light speed … mostly because of credit spreads widening so much… https://t.co/1KCQJeijh6
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond
September 26, 2021
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond portfolio. But corporate debt seems