Chart of the Day: rising defaults

14 September 2016, 15:50
Eko Rediantoro

As of August 2016, 113 companies have defaulted worldwide, according to Standard & Poors Fixed Income Research. The figure is the highest for a year since 2009, the time of great recession. in 2009, 208 companies defaulted.

If the number of defaults is any indication, then a crisis could be looming ahead and this time, it could be surrounding corporate debt.

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