China’s Perilous New Debt  Phase; Gas-Plunge  Hazards

China’s Perilous New Debt Phase; Gas-Plunge ...

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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 ...  Show more

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 ...  Show more

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