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U.S. Bankruptcy Tracker: Troubled Debt Jumps Most This year

Sept. 28, 2021, 1:00 PM

The pile of troubled bonds and loans traded in U.S. markets saw its biggest weekly jump so far this year, led by distressed debt in the telecommunication and energy sectors.

  • The total amount of traded distressed bonds and loans rose 11.2% week-over-week to about $63.6 billion as of Sept. 24, data compiled by Bloomberg show. The amount of traded distressed bonds rose 9.0% week-on-week, while distressed loans jumped 19.2%.
    • That comes out to about $6.6 billion of newly distressed debt, the biggest weekly boost seen in a year that has mostly seen distress collapse from pandemic highs
  • Companies in the ...

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