• The IMF just became the latest to warn about the $1.3 trillion 'leveraged loan' market

    24 days ago - By Business Insider

    The IMF has joined leading policy makers, major central banks, and global investors in raising the alarm over the buildup of corporate debt.
    It said default rates are rising, while growth in “leveraged loans” with less protection for investors are now more than double the levels pre-financial crisis.
    Excessive corporate leverage makes the global economy more vulnerable to negative shocks as central banks continue to tighten liquidity.
    The buildup of risky debt in corporate credit markets has caught the attention of the Bank of England and the Federal Reserve.
    It's also been highlighted by...
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  • Weak credit growth raises odds of first China rate cut in years

    Weak credit growth raises odds of first China rate cut in years

    24 days ago - By Reuters

    China's stubbornly weak credit growth has spurred talk of its first cut in benchmark lending rates in three years, but economists and policy insiders say concerns about a potential knock to its currency will likely give the central bank pause.
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