Public BDCs Face Steepest Discounts Since Covid Pandemic

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Published: 8 hours ago

Business development companies are trading at their largest discounts to assets since the pandemic as private credit's retail expansion exposes the sector to public market volatility. Share prices are under pressure from unfamiliar market dynamics. This credit market stress could impact USD funding conditions and risk sentiment. Traders should monitor USD pairs for potential volatility as credit tightening typically strengthens the dollar through safe-haven flows.

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