US firms’ debt is ‘eerie’

The US business cycle is in its “boom phase” and firms have taken on “lots of debt”, a report by Moody’s on the credit markets has found.

US firms’ debt is ‘eerie’

By Eamon Quinn

The US business cycle is in its “boom phase” and firms have taken on “lots of debt”, a report by Moody’s on the credit markets has found.

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