Stress Testing the Corporate Debt Servicing Capacity: A Scenario Analysis
Dalida Kadyrzhanova,
Ander Pérez-Orive and
Eliezer Singer
Additional contact information
Ander Pérez-Orive: https://www.federalreserve.gov/econres/ander-perez-orive.htm
No 2024-05-09, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
The total volume of outstanding debt issued by U.S. nonfinancial firms relative to GDP has increased by about 8 percentage points in the past decade. While a growing volume of debt was largely viewed as benign in the low interest rate environment of the 2010s, the rapid increase in both short- and long-term rates since early 2022 has raised concerns about the debt-servicing capacity of the corporate sector.
Date: 2024-05-09
New Economics Papers: this item is included in nep-inv
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.federalreserve.gov/econres/notes/feds- ... alysis-20240509.html (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-05-09
DOI: 10.17016/2380-7172.3481
Access Statistics for this paper
More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier (ryan.d.wolfslayer@frb.gov).