News Formal

Junk Market Flashes Warning as Fed Eyes Higher Rates for Longer

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Junk-rated US companies have seen their interest costs rise after the Federal Reserve’s rate-hike campaign, but profits haven’t kept up, putting a squeeze on finances and underscoring a key risk for investors in high-yield debt as the trend persists.

Junk Market Flashes Warning as Fed Eyes Higher Rates for LongerUS Sugar Industry Seek to Curb Mexican ImportsDebt Collector Intrum Says It Has Cash to Pay Looming MaturitiesDelinquencies Topping 60% Spell Trouble for Brazil’s FintechsFed’s Goolsbee Sees Three Rate Cuts This Year as Inflation CoolsUS 2024 Growth Outlook Goes From Gloom to Bloom in Six MonthsECB’s Lane Says Normalization of Wage Growth Is on TrackTerraform Goes on Trial as Do Kwon Awaits Extradition in Montenegro'Like...

4 Billion Selling Seasons Place New HomesChicago Voters Reject Mansion Tax in Blow to Mayor JohnsonRoyal Enfield Motorcycle Maker Sets Up Dutch Unit After BrexitZambia Agrees Deal With Bondholders, Key Win in Years-Long SagaFAA Weighs Curbing New Routes for United After Safety IncidentsQualcomm Ends Autotalks Deal Over Antitrust Concerns, FTC SaysFormer Toronto mayor John Tory to rejoin Rogers Communications board of directorsUS Sugar Industry Seek to Curb Mexican ImportsTristar Said to Revive...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kering’s Gucci Warning Wipes $7.6 Billion Off Market Value(Bloomberg) -- Kering SA shares plunged after the French luxury group warned that sales at Gucci, its biggest brand, have fallen about 20% in the first...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts near its records amid a worldwide market lullNEW YORK (AP) — Stocks are drifting around their records on Wall Street, as a lull carries through financial markets worldwide. The S&P 500 was little changed in early trading Wednesday, a day after setting an all-time high.
Source: SooToday - 🏆 8. / 85 Read more »