Private credit is having a moment – and not at all flattering – as defaults climb to levels that exceed widely cited 2008 benchmarks, while liquidity problems lurk quietly beneath the surface. Default rates rise in private credit as market hits $1.8 trillion. Fitch Ratings indicated that its Private Rating Default Rate (PMR) (…)
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Private Credit Defaults Hit 9.2% as $1.8 Trillion Market Faces Liquidity Strain
