US private debt: silent engine of growth and warning signal for global investors

Dollar exchange - Photo: Kaboompics.com - Pexels
Dollar exchange - Photo: Kaboompics.com - Pexels
While Europe continues to attract investors seeking attractive valuations and macroeconomic stability, M&G sees a fundamental shift occurring in the US capital markets: 75 percent of credit growth is now taking place through the private market—a structural transformation that is only accelerating.
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