Fed Rate Hikes Won’t Trigger Private Credit Default Wave: PGIM
Private credit will be fine, according to a private credit asset manager. Yet, the U.S. Private Credit Default Rate just hit a record high.
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Why It Matters
A big money manager says private credit will be okay. But defaults are actually hitting record levels right now.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.