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. Corporate credit quality is deteriorating sharply
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, …
