Fitch: Loose lending terms point to credit top, recoveries to suffer in downturn


The roller coaster attraction on the sky background. Yulia Naumovich / iStock / Getty Images Plus
Fitch Ratings is calling the peak in credit, citing a slackening of lending terms and a risk-reward mismatch for investors. The agency reported Tuesday that “significant loosening of underwriting standards points to the U.S. leveraged debt market being in the later ...

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