NEW YORK, March 24 (Reuters) - The number of U.S. junk bonds trading at distressed levels surged by 5 percentage points in March, a sign that defaults are set to escalate over the next several months, Standard & Poor's said on Monday.
NEW YORK, March 24 (Reuters) - The number of U.S. junk bonds trading at distressed levels surged by 5 percentage points in March, a sign that defaults are set to escalate over the next several months, Standard & Poor's said on Monday.