Drop-In: Private credit ‘cockroaches' and macro and market risk

Are signs of stress in private credit a risk to broader financial markets? What could this mean for funding across the US economy? And is this anything like 2008?

Amid growing concerns that, like the sighting of one cockroach, a handful of private credit strains may signal wider problems, this special briefing assessed the risks to market stability and the broader economy.

On Tuesday 21 April, economists from our Macro and Markets teams highlighted where vulnerabilities may be building and whether fears of systemic stress are justified.