US Bankruptcy Tracker: Distressed Debt Drops as Filings Rise

The pile of troubled debt outstanding shrank by $16.2 billion last week even as the number of large bankruptcy filings accelerated, according to data compiled by Bloomberg.

• The heap of dollar-denominated corporate bonds and loans in the Americas trading at distressed levels dropped to $233.1 billion in the week ended Friday, about a 6.5% decrease from $249.3 billion a week earlier, according to data compiled by Bloomberg
  • To view historical data, click the chart below

• Meanwhile, there were five large bankruptcy filings — those tied to at least $50 million of liabilities — last week, Bloomberg-compiled data show
  • They ...