Moody's Liquidity-Stress Indicator (LSI) rose to a 21-month high of 4.0% in January from 3.7% in December, the rating agency says in its most recent edition of SGL Monitor. The increase signals that liquidity risks for US speculative-grade companies are edging higher, though remain at a low level. The LSI rises when corporate liquidity appears to weaken and falls when it appears to improve. "Slowing global economic growth and higher borrowing costs are creating slight upward liquidity pressure for US speculative-grade companies," said John Puchalla, a Moody's Senior Vice President. "Even so, the US economy is ... (full story)