<p>Companies with floating-rate debt are feeling the pain of higher interest costs as leveraged loan defaults outpace that of junk bonds, Bloomberg News’ <a href="bbg://people/profile/22105135">Jill Shah</a>, says. The one-year default rate for US loan borrowers has soared to 4%, an analysis by Morgan Stanley shows. Also on this episode of the Credit Edge podcast, Bloomberg News corporate finance reporter <a href="bbg://people/profile/21450406">Olivia Raimonde</a> chats with Bloomberg Intelligence analyst <a href="bbg://people/profile/1885630">Daniel Fan</a> who covers China properties. He walks us through the debt crisis unfolding at distressed Chinese developer Country Garden.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>

Private Debt Defaults Accelerate; China’s Bond Mess

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.