Private Credit Default Rates Could Hit 15%, UBS Warns
UBS strategists say private credit could see default rates surge as high as 15% if artificial intelligence triggers an “aggressive” disruption among corporate borrowers. Bloomberg's Silas Brown has more from...
By Bloomberg Markets · Bloomberg Markets
UBS strategists say private credit could see default rates surge as high as 15% if artificial intelligence triggers an “aggressive” disruption among corporate borrowers. Bloomberg's Silas Brown has more from London. (Source: Bloomberg)