Analysis | The Junk Bond Reckoning Is Coming in 2023
Briefly

Ever so subtly, the high interest rates of the past year have started to separate the viable businesses from the ones sustained by cheap money.Expect 2023 to kick that process into high gear.Interest rates started surging in late 2021 as the Federal Reserve began to acknowledge that inflation wasn't "transitory," but relatively few companies have had to deal with the consequences.
Read at Washington Post
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