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U.S. Bankruptcy Tracker: Distressed Debt Jumps to One-Year High

May 3, 2022, 1:00 PM

The pile of troubled debt outstanding in the Americas jumped last week to the highest level in more than a year amid a broader pickup in large bankruptcies and monthlong U.S. stock selloff.

  • The total amount of traded distressed bonds and loans rose about 15% week-over-week to $85.2 billion as of April 29, data compiled by Bloomberg shows
    • That’s the biggest the troubled debt pile has been since the week ending April 23 of last year
    • There were 154 distressed bonds and loans trading as of Friday, up from 134 a week earlier, according to data compiled by Bloomberg ...

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