The first sustained default cycle in credit in many years has already started and the market will see higher losses than it’s grown used to, Pacific Investment Management Co.’s chief investment officer warned.
The first sustained default cycle in credit in many years has already started and the market will see higher losses than it’s grown used to, Pacific Investment Management Co.’s chief investment officer warned.
<iframe src="https://statesidedaily.com/embed/cluster/6b0dacd3cd6d4a9cf5b6ec7dd3dc976402561a6e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Higher Losses Are Coming to Credit, Pimco’s Ivascyn Warns"></iframe>
