4 days ago
Tariff Risk Nudged More Firms Closer to Default, Moody's Says
The number of companies at the greatest risk of defaulting are at an 11-month high, as uncertainty around US trade and tariffs worsened credit conditions, according to a Moody's Ratings report.
In the second quarter, 16 companies were added to the cohort of businesses with the highest default risk, according to Moody's. The group now stands at 241 companies, the report shows.
