Need to Know: Beware of these popular Dow heavyweights — expensive and loaded with debt, says this analyst

by | Apr 13, 2023 | Stock Market

Roughly a month after the banking crisis, the coast may be clearing for companies to start dipping a toe into debt markets again, with news of Walmart’s $5 billion debt deal. As MarketWatch’s Joy Wiltermuth reports, strong demand from investors helped ease the retail giant’s borrowing costs, though she adds that after a decade of ultralow rates, rising borrowing costs will eventually pinch corporate profits. Onto…

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