Companies have extended their debt maturities, averting a ‘tsunami of defaults’ from higher rates, Bernstein says
anilakkus/Getty Images Investors can expect a "moderate default rate" in the next 12 to 18 months, Bernstein analysts wrote. Despite…
It’s Bad News That So Many in the GOP Are Pissed About Averting a Shutdown
Photo Illustration by Erin O’Flynn/The Daily Beast/Getty Images With just hours to spare, House Republicans averted a catastrophe of their…
Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default
Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default. Aly Song/Reuters China's…
Biden signs debt limit bill into law, averting default
Just two days before the deadline, US President Joe Biden has signed legislation to raise the government’s debt ceiling. The…