A tale of two worlds

A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.

Iran Halts All Petrochemical Exports After US Publishes Radio Warning To Stuck Hormuz Ships; Negotiators Cite 'Progress' Toward 2nd Round Of Talks Summary The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal, Trump says, adding: "We've beaten them militarily." Axios cites 'progress' toward framework to end war. Iran state media says halt to all petrochemical exports. AP/Bloomberg reporting the two sides have an "in principle agreement" to pursue further diplomacy; however, this is batted down as 'unconfirmed' by Tehran & a US official. The...