November 20: Credit Risk - Downgrades Affect $296.7 Billion in US Corporate Bonds in Q3
Location: New York
Author:
Date: Thursday, November 20, 2008
The credit crisis and softening economy pushed up the par value of U.S. corporate bonds affected by downgrades to $296.7 billion in the third quarter, a level topping the worst quarters of the 2001 / 2002 downturn.
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