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ARDC - Corporate debt levels and default rates diverge
Ares Dynamic Credit Allocation Fund Inc.
Making the rounds today is this chart showing the level of U.S. corporate debt as a percentage of GDP vs. the high yield default rate. To not much surprise, the two have tended to move in concert over the last 40 years.
More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, Credit Suisse High Yield Bond Fund, News on the U.S. economy, News on ETFs,