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The percentage of corporate bonds considered in distress posted its biggest weekly jump since...
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Thursday, May 27, 2010, 2:11 PM ETThe percentage of corporate bonds considered in distress posted its biggest weekly jump since November 2008. Bonds of MGM Mirage (MGM) and Freescale Semiconductor (FSL) joined the list this month. "It’s going to be really difficult for some of these companies to address their debt piles," one analyst says. "It becomes a downward spiral."
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