The U.S. distress ratio increased slightly to 7.8% as of July 17, 2017, from 7.4% as of June 19. In this CreditMatters TV segment, Associate Director Gregg Moskowitz discusses the telecommunications sector’s largest month-over-month percentage increase in distressed credits, of 2.9%, led by Norwalk, Conn.-based incumbent telephone provider Frontier Communications Corp and other key points.