9 large companies filed for bankruptcy in the US last week. This brings the 3-week average to 6, the highest rate since the 2020 pandemic
byu/RobertBartus inEconomyCharts
Mega bankruptcies becoming more common among large firms
There’s an ongoing surge in mega bankruptcies (large companies with significant assets) across the U.S., driven by rising interest rates, weak consumer demand and policy uncertainty — showing that recent filings are part of a broader escalation of corporate failures, not isolated weekly spikes.
https://www.financierworldwide.com/orphans-of-the-storm-the-rise-of-mega-bankruptcies
A recent report found $42 billion in U.S. corporate bonds were downgraded to junk, the largest jump in over a decade, signaling that distress is spreading through the credit markets and worsening funding conditions for even investment‑grade companies.