Earlier in the week, Treasury Secretary Nicholas F. Brady hinted that he might back limiting the tax-deductibility of corporate interest payments, which could curb debt-financed takeovers.

Treasury Secretary Nicholas F. Brady told Congress today that there was no urgency in adopting measures to curb debt-financed corporate takeovers, adding that Wall Street's enthusiasm for leveraged buyouts might have peaked.

Through aggressively hostile expansions and debt-financed takeovers of other businesses he grew ICC quickly.

Two-Sided View of Takeovers But Mr. Shad saw less urgency in taking a firm stand on the problems of debt-financed hostile takeovers.

(3) An important new study of the sources of our increased consumption finds one-third of it derives from cash inflows from stock repurchases, debt-financed takeovers and stock market gains.

At the same time, the political and legal environment has grown much less hospitable to debt-financed takeovers.

According to the Treasury, the value of debt-financed takeovers was $160 billion from 1983 to 1988, 15 times their value in the previous five years.

But as debt-financed takeovers became much more common during the 1980's, many companies began to buy their own shares as an act of defense, hoping that by keeping share prices relatively high they would discourage raiders.

The improving European climate for larger, debt-financed takeovers is also viewed as important to the Europe of the next decade, because trade barriers within the 12-nation European Community will be dropped by the end of 1992.

But like so many American exports, it seems likely that the move to big, debt-financed takeovers in Europe will be refined to suit local tastes.