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FWD CIO voices worries on private debt

The leveraged loans market is a growing cause of concern, says Paul Carrett, and rising rates will prompt investors to become more selective about credit in general.
FWD CIO voices worries on private debt

Having drawn considerable interest from yield-starved institutional investors in recent years, spurring meaty capital inflows but progressively lower income returns too, the private debt market could be close to peaking.

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