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Breaking Posted 1 hour ago

US Private Credit Default Rate Holds at Record 6% in May

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Fitch Ratings reports US private credit default rate remained at a record high of 6% in May 2026, indicating continued stress in the private lending sector. This elevated default rate could weigh on USD sentiment as it signals potential broader financial system risks. The data may prompt increased volatility in USD pairs as traders assess implications for Federal Reserve policy and economic stability.
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