Without Price Discovery, Investors Anxious: Karoui
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The $1.8 trillion private credit market is witnessing an exodus of investors after some high-profile corporate blowups led to mounting concerns over loan quality and exposure to software firms. Lotfi Karoui, multi-asset credit strategist at Pimco, joins Emily Graffeo and Matt Miller on "Bloomberg Real Yield." They discuss private credit concerns and potential opportunities for credit investors.