1348 GMT - The risk of defaults rising sharply in the U.S. falls as conditions improve, Goldman Sachs credit research analysts say in a note. The risk of a recession is lower, financial conditions are improving and business optimism is resurfacing, lowering the possibility of "a sharp acceleration in defaults", the analysts say. Easing trade tensions and declining borrowing costs create favorable conditions for U.S. businesses, Goldman Sachs credit analysts say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
May 16, 2025 09:49 ET (13:49 GMT)
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