A recent report released by the Federal Reserve revealed that the debt levels for businesses are at the highest levels seen in 20 years. Although standards have been in instilled following the 2008 financial crisis, the growing rate of business debt is concerning. The report shows that while the quality of lending remains, banking institutions appear to be taking more aggressive risk-taking for loans. According to CNBC, the U.S. Corporate debt level had already reached a record of $6.3 trillion, in June of this year.
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