Wednesday, April 26, 2023

US companies in distress turn to debt exchanges to dodge bankruptcy

Private equity backers push out-of-court restructurings to preserve their stakes when businesses default
http://dlvr.it/Sn7vb5

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The barbell tolls for fixed income investing

A trend long associated with equity investing is now playing out in the bond markets http://dlvr.it/TDc3ZC