Private Credit's Default Disconnect

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)

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)