Source: Seeking Alpha
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More 'Naked Swimmers' Will Continue To Emerge As The Tide Recedes
Markets continue to trade near record highs even as bond yields have hit their highest levels since 2007 and energy prices remain elevated. Private credit markets are deteriorating, with record default rates and redemption gates at major funds like Apollo (APO) and Blackstone (BX), raising systemic risk.
Source: Seeking Alpha
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