Roughly $100bn of junk debt now trades with a spread of more than 10 percentage points above Treasuries, a commonly used definition of distress and a sign of how risky it is to lend to those companies,
ft.com/content/79ddfe… https://t.co/Qt8YGtndad
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…