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Blessed by strong profits and buoyant economic conditions, companies seemed more than capable of paying back their debts; default rates have been remarkably low.Indeed, such was the power of borrowers, private-equity groups chief among them, that they were able to dispense with the market's traditional safeguards.
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IS PARAGUAY heading for a debt default?
Could a debt default still happen?
Most investors already view outright debt default as inevitable.
Otherwise, the chances of avoiding a debt default look slim.
The result could be a disastrous debt default.
Failing that, open debt default may be unavoidable.
I don't believe a United States debt default is inevitable.
DealBook » DealBook Column: No Way U.S. Would Allow Debt Default?
Debt default was not his project, he stressed.
Puerto Rico is facing a potential bond debt default early next year.
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