Private Credit's Default Disconnect
Private credit default rates vary significantly depending on the reporting source, making it difficult to determine the true level of market distress. Bloomberg reporter Kat Hidalgo analyzes the factors contributing to this data discrepancy.
Private credit default rates vary widely depending on who’s counting, making the true level of distress tough to gauge. Bloomberg’s Kat Hidalgo breaks down the confusion on Bloomberg Open Interest. (Source: Bloomberg)
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