‘Hidden’ Defaults Set to Soar as Recession Squeezes Firms
A Wall Street sign is displayed in front of New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Mark Kauzlarich/Bloomberg)

‘Hidden’ Defaults Set to Soar as Recession Squeezes Firms

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(Bloomberg) -- The worst recession since the Great Depression is prompting indebted companies to default, and increasingly more will do so in a way that’s harder for investors to detect.
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