Prologue Journal

Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.

• prologu5
• 11/13/202311/13/2023

Wall Street Journal

Alternative lenders can reap rewards from refinancing and recapitalizing firms, though they also risk fueling a kind of Ponzi scheme.

https://www.wsj.com/articles/private-debt-was-supposed-to-collapse-when-rates-rose-instead-it-is-everywhere-04ba6003