Private credit faces redemption pressure and loan markdowns, raising bank contagion risk—see what BDC discounts to NAV signal and what to watch next.

This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...

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The key function of banks in the real world is endogenously creating (inside) money. But they do so facing solvency, liquidity and maturity risks and being subject to regulatory and demand constraints ...

High yield bonds, often referred to as “junk bonds,” have long been a compelling option for investors seeking enhanced portfolio income. However, their asymmetric return profile—characterized by ...