Global Corporate Defaults hit highest level since the Global Financial Crisis

March 15, 2024 10:53 am by CWR

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Global Corporate Defaults hit highest level since the Global Financial Crisis pic.twitter.com/A676mRcBI7

— Win Smart, CFA (@WinfieldSmart) March 14, 2024

See also US manufacturing sector faces recession for 24 months, longest streak since 1990s. Who gets to inherit the recession?

Meanwhile in US:

WARNING: Credit card default rate for small lenders have just hit a new record of 7.8%

These levels have never been seen since 1991 pic.twitter.com/DrCN9MF0bv

— Game of Trades (@GameofTrades_) March 14, 2024

See also Japan's bond yields are hitting highs not seen since 2008! Looks like the Bank of Japan is the first central bank losing its grip.

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