BREAKING: US companies' 30+ day delinquencies jumped by to 29 billion in Q4 2024, the highest in at least 8 years. Over the last 5 quarters, delinquencies have risen by ~8 billion, or 38%. Furthermore, this data does not include loans from direct lenders and private credit funds, which account for a larger share of corporate lending. Corporate loan delinquency rates from US banks rose to 1.3% in Q4 2024, the highest since Q1 2017. As higher for longer policy returns, delinquency rates are set to rise even further. US businesses are increasingly falling behind on their debt.