How do corporate borrowers keep their bank lenders happy when there is so little profit to be made by providing lines of credit?
S&P estimates that China's corporate debt pile, now at 160% of GDP, will climb 77% to $28.8 trillion over the next five years.
Institutional managers see fewer credit defaults and narrower spreads coming in Europe, but their outlook for North America worsens.
Tying credit default swap spreads to the interest rates corporations pay benefits banks and borrowers, says a recent study.
