whilst people are pre-occupied with Iran, the real story and mover is the carnage in private credit. redemptions abound but the loans themselves are illiquid and will require a massive discount for the redemptions to go through EVEN if they are good.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.