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Is the Bell Rung for Leveraged Loans?

Markets

It's worth keeping an eye on the leveraged loan market. Nothing succeeds like excess? Companies are holding more debt before the recession. They've been using the debt to fund their operations: to buy back their stocks and acquire other companies. 

Companies are issuing leveraged loans at a record pace, but could inflict significant pain should the economy head south. As demand for these loans has increased, investor protections have gone down



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