Oh, By The Way, Private Credit Defaults Just Hit A Record...
Summary
Oh, By The Way, Private Credit Defaults Just Hit A Record... Submitted by QTR's Fringe Finance While Wall Street remains preoccupied with unfolding shitshow in tech and AI right now, there’s another little problem quietly developing beneath the surface from a sector I’ve been warning about nonstop for 2 years : private credit defaults just hit a record high. According to Forbes, citing Fitch Ratings’ latest third-quarter private credit report , the U.S. private credit default rate climbed to 6.3% over the trailing 12 months , up from 6.0% in the previous quarter. It’s the highest reading in…
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Oh, By The Way, Private Credit Defaults Just Hit A Record...
Oh, By The Way, Private Credit Defaults Just Hit A Record... Submitted by QTR's Fringe Finance While Wall Street remains preoccupied with unfolding shitshow in tech and AI right now, there’s another little problem quietly developing beneath the surface from a sector I’ve been...
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