"Party Like It's 1998": A Quarter Of $3.2 Trillion In BBB-Rated Bonds May Be Junk
December 30, 2019 at 20:23 PM EST
In a best-case scenario, US corporations have about 3 years before history rhymes again, and the massive corporate debt burden becomes untenable in a time of declining corporate profits, leading to the long-awaited BBBoom.
