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
- 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 ...