Weekly data for corporate bankruptcy filings has started to meaningfully deteriorate in recent weeks: Apollo’s Torsten Slok
🤔 What happens to firms that don't generate enough $ to cover interest payments, when they are unable to refinance their junk in recession?https://t.co/YfZkZuxK9E
— Eventually Consistent Capital (@EventuallyCC) June 28, 2023
https://twitter.com/EventuallyCC/status/1673764995996471299
The yield curve invertoooor
Yield curve is steepening : recession
Yield curve new lows: deeper recession
— Alessio (@AlessioTMAD) June 27, 2023