The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America says

The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America says

DON EMMERT/AFP/Getty Images <ul> <li>There's around $1 trillion of private debt that's headed for potential trouble, Bank of America warned.</li> <li>Most of that debt has been created by below-inve… [+2226 chars]

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