Moody's: Tariff risks leading more companies to the brink of default.
Moody's rating report shows that due to the uncertainty of US trade and tariffs, credit conditions have deteriorated, with the number of companies facing the highest default risk reaching an 11-month high. The report shows that in the second quarter, 16 companies were included in the list of companies facing the highest default risk. According to the report, the total number of companies on this list is currently 241. Analysts wrote that since the beginning of the year, with the disruptions in global business activities caused by US tariffs and trade uncertainty in April, the credit environment has deteriorated. This high-risk list includes US non-financial companies rated Caa1 or below by Moody's or rated B3, but facing downgrade risks.
Latest