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Jesse Felder
jessefelder.com
did:plc:lzcoujf7r7lgjvx2yrmpvxlc
‘Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn said in the firm’s latest secular outlook that “the default cycle is reasserting itself, and we expect significantly higher losses in lower-quality credit such as leveraged and private direct lending.”’ https://www.bloomberg.com/news/articles/2026-06-10/pimco-says-credit-loss-cycle-has-begun-favors-quality-bonds?utm_campaign=news&utm_medium=bd&utm_source=applenews
2026-06-12T16:09:38.261Z