The slide in the huge US private credit sector may end in a global crisis
US markets slid over uncertainty of resolution to the Iran war, with tech stocks hit hard overnight. But one of the worst performing sectors this year is private credit, with stocks falling around 30% as investors panic over their exposure to the crumbling software sector. They're demanding their money back and the lenders are saying no.
Watchlist: Ares Management, Coinbase, Pop Mart
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