debt

Mortgage debt has grown 30% since before the pandemic. But the majority of mortgage debt holders have rates below 5%.

Unwinding the debt-burdened company will likely create large losses among creditors and could trigger some capital flight.

Delinquencies are up, especially for people with lower incomes and multiple types of debt, according to the New York Fed.

Debt levels are rising and interest rates remain high. Delinquencies are also on the rise.

Low and middle-income nations spent $443.5 billion on principal and interest in 2022, says global lender. Many defaulted in recent years.

Just before the pandemic, the New York Fed found that about 9% of people had bills that ended up in collections. Now, less than 5% do.

There’s a hot debate about what it’s doing with its holdings, and the answer could affect how much it costs Americans to borrow money.

Both government and corporate bond yields have been climbing. For many companies, though, higher revenue more than covers the cost.

No surprise: Inflation, higher interest rates and the pandemic all play a role.

A strong labor market also means people feel more confident they’ll be able to pay the debt back.