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US Bankruptcy Tracker: June on Track for Busiest Month of Year

June 28, 2022, 12:30 PM

The pile of troubled debt outstanding set a new one-year high last week while U.S. courts saw two large bankruptcy filings, putting June on pace to become the busiest month of the year for big insolvencies.

  • The heap of dollar-denominated corporate bonds and loans in the Americas trading at distressed levels rose to $180.4 billion on Friday, about a 24.8% increase from $144.6 billion a week earlier, according to data compiled by Bloomberg
    • To view historical data, click the chart below
  • Last week’s two large bankruptcy filings -- those with at least $50 million of liabilities -- bring the ...