Almost a third of all working adults in the United States are carrying some kind of medical debt — that’s about 15% of all U.S. households.

It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.

Mortgage debt has grown 30% since before the pandemic. But the majority of mortgage debt holders have rates below 5%.

Unwinding the debt-burdened company will likely create large losses among creditors and could trigger some capital flight.

Delinquencies are up, especially for people with lower incomes and multiple types of debt, according to the New York Fed.

Debt levels are rising and interest rates remain high. Delinquencies are also on the rise.

Low and middle-income nations spent $443.5 billion on principal and interest in 2022, says global lender. Many defaulted in recent years.

Just before the pandemic, the New York Fed found that about 9% of people had bills that ended up in collections. Now, less than 5% do.

There’s a hot debate about what it’s doing with its holdings, and the answer could affect how much it costs Americans to borrow money.

Both government and corporate bond yields have been climbing. For many companies, though, higher revenue more than covers the cost.