Reported 3 days ago
Wall Street credit analysts are downgrading their forecasts due to a recent market selloff and growing economic policy uncertainties. Major firms like Barclays and Goldman Sachs are adjusting their projections, anticipating wider credit spreads and increased borrowing costs, which may slow down economic growth. This reflects a shift in market sentiment, as analysts warn that current spreads are underestimating recession risks.
Source: YAHOO