Fed paper flags ‘underappreciated’ risks of private credit
Bloomberg News As banks provide the liquidity that fuels private credit lending — even without originating the loans themselves — researchers at the Federal Reserve say traditional lenders risk being dragged into a financial crisis if defaults among private credit borrowers spike. In a new paper, Boston Fed researchers José L. Fillat, Mattia Landoni, John […]
Fed paper flags ‘underappreciated’ risks of private credit Read More »
