More than US$10 trillion corporate debt to mature through 2022! Is this why the US is stressed and desperate?

US Economy
U.S. Debt to China: How Much Does It Own?
Exactly How Much U.S. Debt Does China Own? And Why?
By Kimberly Amadeo
Updated January 24, 2018
The U.S. debt to China is $1.2 trillion as of November 2017. That's 19 percent of the $6.3 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $20 trillion national debt is owned by either the American people or by the U.S. government itself. China holds more than the $1.1 trillion held by Japan. Both countries have reduced their holdings in the past year, but China has reduced it faster. China held $1.3 trillion in U.S. debt in November 2013. The reason China is reducing its holdings is to allow its currency, the yuan, to rise. To do that, China has to loosen its peg to the dollar. That makes the yuan more attractive to forex traders in global markets. Long-term, China wants the yuan to replace the U.S. dollar as the world's global currency. China is also responding to accusations of manipulation. Most countries want their currency values to fall so they can win the global currency wars. Countries with lower currency values export more. Their products cost less when sold in foreign countries … for more, go to https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355 

More than US$10 trillion corporate debt to mature through 2022! Is this why the US is stressed and desperate?

KUALA LUMPUR (January 2018): The war waging US is fast losing its global influence to China and Russia.

And the desperado-looking US seem to have stepped up its animosity towards China-Russia, if the focus of recent pro-American international media reports are the indicator.

It is all about bashing China and Russia in global politics, defence and economy.

The US seems to have taken a significant agitated global stand after China and Russia inked a deal to trade using their own currencies instead of the Greenback.

And, it is any country’s right to trade in whatever way it wants, isn’t it? As long as it is not illegal, right?

Read this news report posted by The Star Online for the details of the more than US$10 trillion corporate debt:

"S&P sees more than US$10 trillion corporate debt to mature through 2022

CORPORATE NEWS
Monday, 29 Jan 2018
7:45 AM MYT

SINGAPORE: S&P Global Fixed Income Research estimates that US$10.23 trillion in corporate debt rated by S&P Global Ratings is set to mature globally through 2022.

Scheduled maturities for 2018 have been reduced to US$1.72 trillion (down 5% from the estimate at the beginning of 2017) after many companies refinanced debt amid the accommodative funding conditions of the past year.

“Maturing debt is set to rise to a peak of US$2.27 trillion in 2022,” it said in its report entitled “Global refinancing study – US$10.23 trillion in rated debt to mature through year-end 2022”.

The head of S&P Global Fixed Income Research Diane Vazza said the amount of rated corporate debt scheduled to mature over the next five years has risen by 6.6% since its study from one year ago, in which it estimated that US$9.6 trillion was set to mature through 2021.

Vazza pointed out in the current credit environment, lenders are likely to provide sufficient funding for corporate issuers to meet pending maturities, allowing companies to continue rolling maturities to later years.

The lowest-rated debt ('B-' and lower) may be the most susceptible to heightened refinancing risk if investors become more risk averse or market conditions become less favourable.

Approximately US$448.4 billion of the corporate debt maturing through 2022 is rated 'B-' or lower, although less than a quarter of this debt is slated to mature through 2019."

The entire world was waiting on August 2 when U.S. could default on its costs obligations if the compromise in between Congress and Obama wouldn't happen. Let's see how big the US National Debt really is, using the widely known $100 bill.
One Hundred Dollars $100 Most counterfeited money denomination in the world. Keeps the world moving.
US National Debt In Pictures In 2016
While campaigning Obama hammered the issue that it was irresponsible and unpatriotic that President Bush added $4 trillion dollars to US National Debt in his eight years in office. As of today 10/04/16, Obama has actually added practically $9 trillion in financial obligation in his 7 1/2 years. Obama promised to cut the Budget Deficit in half by the end of his first term. Instead of cutting the US National Debt in half, in his first 3 three years in office, Obama has run the deficit he inherited from $10.62 Trillion up to almost $20 Trillion as of today … for more, go to http://andrewshell.livejournal.com/199054.html