“Potential downgrades at the ratings company exceed possible upgrades by the most since 2009, in percentage terms, according to a Jan. 11 report. The difference widened the most since the financial crisis in the past six months, S&P said. The corporate-debt outlook has darkened, particularly in Latin America, because of slower growth in China and a commodity rout that’s cut prices to the lowest since at least 1991. Company defaults have already risen to the highest since 2009 and investors are demanding the biggest yield in four years to hold junk bonds. On a regional basis, Latin America had the biggest gap, with possible downgrades exceeding potential upgrades by about 35%.”
Related posts:
Speed trap city facing dissolution after mayor caught selling drugs
Cops Bust Prostitution Ring ... at Senior Citizen Home
The Ron Paul Channel: libertarianism 'unfiltered and uninterrupted'
Lebanese protest against anal exams on suspected homosexuals
PayPal boss to discuss Bitcoin in keynote address at 2014 trade show
As Bitcoin Companies Mature, More Take Talent from the Mainstream
Bitcoin ATM processed $1 million last month, more machines coming
A potentially powerful new antibiotic is discovered in dirt
Woman unknowingly dumps Apple I worth $200K at recycling plant
Canadians call for marijuana referendum after two U.S. states legalize it
Man throws away $500K in gold to spite ex-wife
Ron Paul: NSA head ‘fudged the figures’
B.C. school bans kindergarteners from touching each other
300 tonnes of radioactive water is worst leak yet at Japan’s Fukushima
U.S. Household Income Sinks to '95 Level