Default Rates

US private credit defaults to ease in 2026, but fragility to persist, says BofA

By Niket Nishant Dec 9 (Reuters) – Private credit defaults are set to edge lower next year as interest rates drop, strategists at BofA Global Research said, but warned that ... US...

US private credit defaults to ease in 2026, but fragility to persist, says BofA

Private credit defaults are set to edge lower next year as interest rates drop, strategists at BofA Global Research said, but warned that the red-hot sector remains among the most ... US...

One of World’s Biggest Bond Fund Managers Warns of ‘Dangerous’ Credit-Ratings Dynamic

The chief investment officer of one of the world’s biggest bond funds is warning of “dangerous” assumptions in the credit market, where inflated ratings may be giving investors a false ... One...

Banks Reassess Private Credit With Real-Time Data in Hand | PYMNTS.com

Private credit has moved into the financial mainstream, recently estimated at $2 trillion in outstanding loans and investments that support companies

Morgan Stanley unshaken by First Brands private credit tumble

The bankruptcy of First Brands, which affected UBS, should not tarnish the entire private credit industry, says Mark Jochims, European PC manager at Morgan Stanley Investment Management.

Private credit defaults are coming — and that’s ok

Loan defaults won’t be catastrophic and are to be expected after a decade of easy money, said a BlackRock senior executive.

Legendary investor Jeffrey Gundlach says ‘garbage lending’ means the next crisis will be in private markets

Famed bond investor Jeffrey Gundlach thinks the private credit industry is sowing the seeds of the next financial crisis.

Do Recent Defaults Signal a Coming Credit Crisis?

Recent high-profile corporate defaults are unlikely to signal a systemic weakening of credit markets, according to Goldman Sachs Research.

The Debate Over Private Credit Returns Is Just Heating Up

The private credit market is estimated to have reached $3 trillion in assets over the past decade on the promise of delivering higher returns than public credit. But as billion-dollar ... The...

Private Credit ‘Hysteria’ Will Get Very Real Next Year

Private credit losses from borrowers defaulting remain low — so has everyone just “lost their minds” and the press got “hysterical” about the risks, as Apollo Global Management Inc. Chief ... Private...