Private Debt Defaults Accelerate; China’s Bond Mess

Private Debt Defaults Accelerate; China’s Bon...

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Pimco’s President Says Private Debt Investors Are Blind to the Risks

Investors underestimate the hazards in private debt, according to Pacific Investment Management Co. “There’s a lot of additional credit risk that people are often taking in some of these private situations that you kind of turn a blind eye to,” Christian Stracke, the $2.3 trillio ...  Afficher plus

Seix Fears More Zombie Borrower Distress as Interest Rates Stay High

Pressure on highly-indebted companies will intensify as interest rates remain elevated, according to Seix Investment Advisors. “We have a lot of credit zombies — B3/B minus or CCC rated credits — that still have very weak interest coverage, generating zero free cash flow,” George ...  Afficher plus

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Minutes Show Officials Rallying Around Higher-for-Longer Rates
Bloomberg Businessweek

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve officials earlier this month coalescing around a desire to hold interest rates higher for longer and “many” ...  Afficher plus

Matthew Hornbach: Why U.S. Public Debt Matters
Thoughts on the Market

As U.S. Public Debt continues to break records, should investors be concerned by the amount debt has risen? Or are there other, more influential factors at play?


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Welcome to Thoughts on the Market. I'm Matthew Hornbach, M ...

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CNBC Special Report: Taking Stock 2/16/23
Mad Money w/ Jim Cramer

CNBC’s Brian Sullivan reports on the Fed and your money. U.S. stock futures slipped after the major averages suffered declines amid concerns of stubbornly high inflation metrics. St. Louis Federal Reserve President James Bullard said he backed a 50 basis point interest rate hi ...

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Here’s How Messy a Russian Bond Default Could Be
Odd Lots

There’s a big question over whether Russia will be able (or willing) to make payments on billions of dollars it’s borrowed from investors given its current situation. Not only does the country have a history of previous major defaults, but some of its outstanding bonds are also s ...  Afficher plus