Corporate debt nears a record $10 trillion, and borrowing binge poses new risks
Drudge Report -

Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a new debt surge - this time by major corporations - threatens to unleash fresh turmoil.

A decade of historically low interest rates has allowed companies to sell record amounts of bonds to investors, sending total U.S. corporate debt to nearly $10 trillion, or a record 47% of the overall economy.

In recent weeks, the Federal Reserve, the International Monetary Fund and...

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