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Municipal Bond Credit Report: S&P Sees US Default Rate More Than Doubling in Shallow Recession - Website Lift Off

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Municipal Bond Credit Report: S&P Sees US Default Rate More Than Doubling in Shallow Recession

Geoff Weitzel
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Municipal Bond Credit Report: The default rate for US companies will soar to 3.75% if the Federal Reserve’s fight against inflation only tips the economy into a shallow recession, according to S&P Global Ratings. A more serious downturn would send the rate to 6%… Link to Story

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