The $1 Trillion Powder Keg Threatening the Bond Market

The video discusses the challenges in the corporate bond market, focusing on the buildup in the Triple B tier, which is the lowest investment grade. Companies are at risk of downgrades, leading to higher borrowing costs. Despite this, many large multinational companies have the means to service their debt through cash generation and asset sales. The video highlights the surprising leverage levels in some sectors and the potential for downgrades by ratings agencies.

What does the text suggest about the interest coverage ratios of companies?

What was surprising about the leverage of some companies compared to their peers?