More than €40bn of European corporate bonds are now trading at distressed levels, highlighting how the worsening economic outlook has triggered rising angst about companies’ ability to pay their debts.
More than 40 billion euros of European corporate bonds are currently trading at distressed levels, underscoring how a worsening economic outlook has sparked concerns about companies’ ability to pay their debts.
The pile of euro-denominated corporate bonds flashing warning signs has jumped from €6bn at the end of 2021, according to Financial Times calculations based on Ice Data Services indices.
The number of euro-denominated corporate bonds flashing warning signs has surged from 6 billion euros at the end of 2021, according to FT calculations based on the Ice Data Services index.