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Actionable news in TLT: ISHARES 20+ YEAR TREASURY BOND ETF,

Corporate bond defaults cross 100, highest level since crisis

Corporate bond defaults have just crossed an ominous milestone.

Fully 100 companies have defaulted on debt, 50 percent more than for the same period in 2015 and the highest level since 2009, according to S&P Global Ratings.

Low oil and commodity prices, along with financial market volatility in the United States and abroad, have been the primary problems for the bond market this year. While the actual ratio of distressed issues is on the decline, the level of defaults has climbed.

While the...


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