Corporate Debt Coming Due May Squeeze Credit
March 16th, 2010
When the Mayans envisioned the world coming to an end in 2012 — at least in the Hollywood telling — they didn’t count junk bonds among the perils that would lead to worldwide disaster.
Maybe they should have, because 2012 also is the beginning of a three-year period in which more than $700 billion in risky, high-yield corporate debt begins to come due, an extraordinary surge that some analysts fear could overload the debt markets.
Related posts:
- Credit Suisse Falls After Debt Trading Misses Rebound
- Cleveland Fed Goes Che: Advocates Debt Forgiveness Over Bankruptcy For Corporate Debtors
- US Employment Weakness Undercuts Corporate Credit Recovery
- Investors Are Only Interested In High-Yield Junk
- Small U.S. firms face credit squeeze as crisis drags
Posted in Implode