The Zhitong Finance App learned that J.P. Morgan strategists wrote on Tuesday that the end of the deep plight of the leveraged loan market has risen to the highest level since the beginning of the pandemic, and technology is the single industry under the greatest pressure. Specifically, the size of loans with transaction prices below 60% of face value (that is, the level of deep distress) rose from 40 billion US dollars a year ago to 65 billion US dollars, the highest since March 2020.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.