In the $3 trillion private credit market, the ‘shadow default’ rate is increasing as more money chases lower-quality deals

Source: Fortune

A decline in interest rates offered by the Fed plus excessive demand for private credit investments has reduced yields for investors.

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In the $3 trillion private credit market, the ‘shadow default’ rate is increasing as more money chases lower-quality deals

Long Island hockey greats ecstatic for Team USA’s gold medal over Canada: ‘Tears in our eyes’

2026 WNBA Draft: How South Carolina's Raven Johnson proved she's a first-round pick while scoring six points

Lakers unveil Pat Riley statue: Icons Magic Johnson, Kareem-Abdul Jabbar laud team's first coach to get honor

Scott Bessent demurs on plans to refund Trump’s IEEPA tariffs as admin rolls out plan B

New Yorkers hit the bars before breakfast to cheer on US Olympic hockey team: ‘Better than the sex’

Tucker Carlson forced to back-track on claim Israeli president visited Epstein’s ‘Pedo Island’

Tourists in Mexico's Puerto Vallarta told to 'shelter in place' as cartel violence erupts

LI Dems erupt after ICE agent uses handcuffed man’s head as ‘battering ram’ against brick wall

Zohran Mamdani’s property tax hike could send NYC energy bills soaring: experts

The Russian economy is now eating itself to death as Putin’s war on Ukraine destroys future capacity, former central bank adviser says

NASA's crewed Artemis II launch gets pushed back again, this time due to a helium issue

Love-struck suspected Moscow mole in NYC tells FBI agent, ‘Catch me, baby’ — only to land behind bars

Before Hulu's Paradise, watch Sterling K. Brown's best performance in this Emmy-winning family drama

AOC fires back at critics of her gaffe-filled foreign policy speech — as top Republican suggests she could be president

White House trolls Canada, Justin Trudeau with savage post after USA hockey takes Olympic gold