Bloomberg News and Videos — Page 846

Quincy Institute Executive VP Trita Parsi says the US decision to negotiate an opening of the Strait of Hormuz on the basis of Iran's 15-point framework shows a changing of dynamics in the conflict. Parsi notes that by successfully threatening the global oil supply, Tehran has successfully shifted the conflict's dynamics by retaining leverage.

Ecuador's President Daniel Noboa says he would welcome US troops to help address his country's "security crisis," as long as they follow the lead of local armed forces. In an interview with Bloomberg's Annmarie Hordern in Guayaquil, Noboa says the US is already offering support and that he is open to deeper involvement from President Donald Trump's administration.

Mona Yacoubian, Director and Senior Adviser of the Middle East Program at the Center for Strategic and International Studies, discusses the two-week ceasefire between the US and Iran that's expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. She speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Vivek Dhar, Head of Commodity and Sustainability Research at the Commonwealth Bank of Australia, discusses the outlook for commodities as oil plunged and gold advanced after the US and Iran agreed to a two-week ceasefire. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Bloomberg MLIV strategist Mark Cranfield discusses the relief rally in markets after the US-Iran ceasefire agreement and why there's still a "high" risk of a reversal.

Kirsten Fontenrose, Strategic Advisor at Systems Planning & Analysis, discusses the two-week ceasefire between the US and Iran that's expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. She speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Mona Yacoubian, Senior Adviser of the Middle East Program at the Center for Strategic and International Studies, says the possibility of Iranian armed forces coordinating ships passing through the Strait of Hormuz could be seen as a "huge concession" towards the Iranian regime.

PIMCO's Multi-Asset Credit Strategist Lotfi Karoui said concerns building in direct building are a little related to rapid growth. The ongoing exodus from nontraded vehicles, which make up 60% of the sector's assets, and elevated leverage in their publicly-traded counterparts are key drivers of the credit grader's revision, according to a report Tuesday. The "disruptive force" presented by artificial intelligence is expected to compound the group's worries and put it "on defense" in the coming year, Moody's analysts wrote.  An abrupt reversal in the first quarter spurred the first ever net outflow for the sector, Moody's said. Before artificial intelligence advances set off alarm bells over the durability of software securities, the vehicles had experienced robust net inflows as recently as the third quarter of 2025.

Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value loans in their portfolios. At the same time, BDCs which lend directly to middle-market companies are seeing elevated redemption requests amid fear of loss related to oversized exposure to software firms disrupted by AI.  Besides equity from limited partners and public investors, private credit funds rely on banks for funds. They also raise debt in the investment-grade bond market.

Marathon Asset Management Chair and CEO Bruce Richards explains why he sees a correction in direct lending. Speaking on "Bloomberg The Close," Richards says software has the biggest problems in direct lending, expecting the default rate to go to 15% in that sector.