Analyst: More American companies may face financial difficulties in the near future.

Jin10 data, April 28 - Analysts at Zaye Capital Markets stated in a report that due to relatively high Intrerest Rates and constrained credit conditions, more American companies may face financial difficulties in the near future. The analysts cited data from DataArbor and S&P Global, stating that bankruptcy filings in the U.S. are expected to rise to 691 in 2024, the highest level since 2010. The analysts said, "The latency effects of the tightening monetary policy are still spreading through the economy, showing how severe the pressures are in these industries."