July 13, 2021 Distressed-debt supply, as measured by the ICE BofAML US Distressed Index, was down $9 billion in June to $26 billion, setting a new cycle low and evoking memories of 2006’s credit bubble. Previous Post London coffee shops, Hong Kong milk tea, and the Future of Financial Centres Next Post All-Time Highs for Stocks as US Inflation Rates Surge, What's Next? – The Macro Setup