A report recently released by rating agency Moody's shows that in the 12 months ending in October, the default rate of global leveraged loans (mostly in the United States) rose to 7.2%, the highest level since the end of 2020, mainly because indebted companies continued to be harmed by the high interest rate environment.

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Interesting stats! High interest rates definitely put pressure on leveraged loans. It's crucial for investors to stay informed and assess risk management strategies during such times. 📈