The surge in bankrupt companies in the United States, when will the financial market price it?
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The average number of bankruptcy filings in the U.S. over the past four weeks has surged to 7, the highest level since the 2020 financial crisis. Excluding 2020, this is the highest level since the financial crisis. However, the S&P 500 index continues to rise. Volatility remains subdued. Although the corporate bond spread has slightly widened, it is not a cause for concern
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