Corporate Credit Ratings Hit a Low Point

S&P Ratings says the credit profile for U.S. industrial companies is at its weakest level everand it's likely to get worse

The credit profile of U.S. industrial companies is currently at its weakest level ever. Standard & Poor's Ratings Services expects that, after a short correction, it's likely to drop even further as low-quality new issuers and the declining fortunes of existing rated companies expand the speculative-grade rating categories.

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