Bond Dealers Push Up Private Credit Fund Trading Costs Amid Software Slide
Wall Street dealers are demanding higher compensation to trade corporate bonds issued by private credit funds, as investors turn squeamish about the funds’ exposure to software firms facing artificial intelligence...
By Caleb Mutua · Bloomberg Markets
Wall Street dealers are demanding higher compensation to trade corporate bonds issued by private credit funds, as investors turn squeamish about the funds’ exposure to software firms facing artificial intelligence disruption.