Business

Private credit was sold as a way to earn high, steady income while avoiding the risk of shares. Now rising rates, falling property values and a rush for the exits are exposing the risks regulators warned about.
analysis
Business
Tom Richardson

Private credit leap of faith about to break investors’ legs

Private credit was sold as a way to earn high, steady income while avoiding the risk of shares. Now rising rates, falling property values and a rush for the exits are exposing the risks regulators warned about.

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