Photo: Boeing 737 Max fuselages on railcars in Seattle, Washington, on October 22, 2024. Boeing 737 Max fuselages on railcars in Seattle, Washington, on October 22, 2024.

Some of America's biggest businesses may lose their coveted investment-grade ratings, flooding U.S. junk-bond markets with as much as $60 billion of debt after soaring inflation last year drove up many companies' operating costs.

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