Federal Reserve Chair Kevin Warsh said credit conditions have tightened following the interest rate increase decided in September. The target interest rate range was raised to 3.75%-4%, marking the first adjustment since 2023. Conditions remain relatively loose compared with historical standards, while placing additional pressure on companies. The market assigns a 10.5% probability to NuScale going bankrupt in 2027, amid rising U.S. bankruptcy filings and increased stress among private debt borrowers. NuScale’s upcoming financial results, potential covenant defaults, workforce reductions and Federal Reserve policy decisions will be closely watched.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
