
Corporate America's Debt Crisis: Ignoring Warnings, Stocks Break Down Under Higher Rates
As interest rates rise, companies with high levels of debt on their balance sheets may face increasing pressure. Refinancing corporate debt will start impacting profits in 2024, with $903 billion in U.S. corporate debt coming due that year. Higher interest rates will increase borrowing costs, eating into future earnings and cash flow. CNBC has identified stocks that meet certain criteria, including a high debt-to-equity ratio, falling earnings, and trading near a 52-week low. Companies such as General Motors and Whirlpool are among those that may be vulnerable.

