▲ 1
💬 0
u/BrotherOutside4505
REDDIT_SCRAPED
Author expects significant credit stress from 2026-2029 as $5.9T corporate debt and $3-4T CRE debt mature at much higher rates than original issuance, compounded by rising inflation and rising interest rates. Key risks include deteriorating borrower fundamentals, high leverage in non-bank lending markets, and 90%+ covenant-lite loan exposure with no skin-in-the-game for originators.