defaults

U.S. Credit Card Defaults Hit 14-Year Peak

January 3, 2025

Navigating the New Economic Landscape: The Challenges of Rising Debt As the economic realities of 2024 unfold, many Americans are grappling with an alarming surge in credit card defaults, which have soared by a staggering … Read more

Categories Economy Tags 14Year, card, credit, defaults, hit, peak, U.S

S&P warns China to prepare for a potential surge in bond defaults

April 26, 2024

China may have to brace for a new wave of bond defaults, S&P says

China’s Economy Creating Conditions for Potential Wave of Bond Defaults In the ever-evolving landscape of finance, China’s state-directed economy may be setting the stage for a new surge of bond defaults in the near future, … Read more

Categories Finance Tags Bond, China, defaults, Potential, Prepare, surge, Warns