{"id":87068,"date":"2024-01-17T01:12:17","date_gmt":"2024-01-17T06:12:17","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87068"},"modified":"2024-01-17T00:52:33","modified_gmt":"2024-01-17T05:52:33","slug":"corporate-debt-defaults-soared-80-in-2023-and-could-be-high-again-this-year-sp-says","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2024\/corporate-debt-defaults-soared-80-in-2023-and-could-be-high-again-this-year-sp-says.html","title":{"rendered":"Corporate debt defaults soared 80% in 2023 and could be high again this year, S&#038;P says"},"content":{"rendered":"\n<p>(CNBC) The number of companies that failed to make required payments on their debt totaled 153 for 2023, up from 85 the year before, an increase of 80%. It was the highest default rate outside of the Covid-related spike in 2020 in seven years. Much of the total came from low-rated companies that had negative cash flows, high debt burdens and weak liquidity, S&amp;P said. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/01\/16\/corporate-debt-defaults-soared-80percent-in-2023-and-could-be-high-again-this-year-sp-says.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The number of companies that failed to make required payments on their debt totaled 153 for 2023, up from 85 the year before, an increase of 80%. It was the highest default rate outside of the Covid-related spike in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87068","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87068"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87068\/revisions"}],"predecessor-version":[{"id":87069,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87068\/revisions\/87069"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}