Federal Reserve Alert! Financial Stability Report for assessing the resilience of the U.S. financial system:
"The share of newly issued loans to large corporations with debt multiples greater than 5 remained at a historically high level in 2022, indicating stable tolerance for additional leverage."
https://www.federalreserve.gov/publications/files/financial-stability-report-20230508.pdf
The framework focuses primarily on assessing vulnerabilities, with an emphasis on