Global Junk Debt Flashes Warning on Growing Risk of Stagflation

Fears of a stagflation shock from the Middle East conflict are increasingly souring investor sentiment toward the weakest global corporate borrowers, many of which binged on cheap debt during the...

By Finbarr Flynn, Sheryl Tian Tong Lee (News), Abhinav Ramnarayan · Bloomberg Markets

Fears of a stagflation shock from the Middle East conflict are increasingly souring investor sentiment toward the weakest global corporate borrowers, many of which binged on cheap debt during the era of ultra-low interest rates.