FYI: There's some evidence that U.S. companies are deleveraging, but overall corporate debt remains on par with levels during the 2007-09 financial crisis. U.S. companies feasted on ultralow interest rates after the credit crisis a decade ago, borrowing not only to invest in their businesses but also to buy back shares and pay dividends. According to the Federal Reserve, total U.S. corporate debt was equal to 45.2% of U.S. gross domestic product in 2018's first quarter, down a tenth of a percentage point from six months prior.
Regards,
Ted
https://www.morningstar.com/articles/881016/us-equity-funds-seeking-shelter-from-high-corporat.html
