Credit investors flee to safety, pulling $11bn from junk bonds this year
AI disruption and war in the Middle East send market towards Treasuries and investment-grade debt
Related reading
A turbulent week for financial markets
Investors risk being too complacent about war in the Middle East
Investors ditch private credit funds on rising worries over bad loans
Publicly traded vehicles are trading at steep discounts in gloomy sign for broader industry
Interest rates take fright
The market’s calm in the face of war is beginning to crack
Private credit funds strained as borrowing costs edge higher
Bond investors and banks are seeking greater premiums on new financing as a precaution before lending
Fears over US debt load and inflation ignite exodus from long-term bonds
Investors have exited funds at fastest rate since 2020 at height of Covid pandemic
Private capital: what are the risks?
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure