Credit Benchmark CCI data on the declining credit quality of US, UK, and EU Industrial companies has been cited by John Authers in his Bloomberg ‘Points of Return’ column. He writes:
The quality of U.S. industrial companies is deteriorating as swiftly now as it was in the earlier stages of the pandemic…Similar trends are at work outside the U.S. Credit quality is still widely seen to be deteriorating [for the European Union], although the picture isn’t quite as bad as it was a couple of months ago.
Bloomberg, August 27, 2020.
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