Coronavirus Increases Credit Risk

NEW YORK (Reuters) – Investor worries about corporate credit are heating up as the coronavirus spreads, with the prices of bond funds taking a hit, companies starting to draw on credit lines and some market watchers warning of the possibility that investors pull out of products.

Investors are growing increasingly concerned that the coronavirus outbreak will hit U.S. corporate cash flow if it keeps workers at home or prevents companies from paying employees. Continue reading “Coronavirus Increases Credit Risk”