NEW YORK -- The U.S. is showing signs of a credit crunch for high-risk corporate borrowers as tariffs and recession fears rattle investors that had grown complacent about default risks.
Leveraged-loan issuance shut down for 2 weeks amid record outflows from funds

U.S. President Donald Trump's tariffs have heightened concerns about a recession that could lead to more defaults by risky borrowers. (Nikkei montage/Source photos by Reuters)
NEW YORK -- The U.S. is showing signs of a credit crunch for high-risk corporate borrowers as tariffs and recession fears rattle investors that had grown complacent about default risks.