Published 23 hours ago

Pimco says private credit is overvalued amid rising risks

Summary by alternativecreditinvestor.com

Private debt returns are not aligned with growing levels of risk, according to Pacific Investment Management Co.’s chief investment officer for core strategies. Mohit Mittal told Bloomberg that “fundamentals are deteriorating in more levered portions of the credit markets…You’re seeing more complacency, so you have to be very thoughtful – you have to be very […] The post Pimco says private credit is overvalued amid rising risks appeared first on…

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Pimco says private credit is overvalued amid rising risks

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