PIMCO: Private Credit Market Not in Crisis
PIMCO's Christian Stracke asserts that the private credit market is not currently in crisis, despite some concerns. PIMCO is selectively avoiding distressed private credit loans.
PIMCO Avoiding Distressed Private Credit Loans
PIMCO is strategically avoiding "pretty bad" distressed private credit loans currently being offered in the market. This suggests a cautious approach to the private credit sector.