[ad_1]
Leveraged loan defaults are heading for the third-worst year in history as Federal Reserve interest rate hikes take a toll, according to Goldman Sachs.
The volume of defaults by riskier companies in the bulging leveraged loan market has risen in June, bringing the total amount of soured debt in the sector to $24.5 billion (see chart), according to a tally by Goldman Sachs analysts.
That’s…
[ad_2]
Source link
