Very Bad News For BDCs
Apollo Management(APO) Seeking Alpha·2024-08-06 15:30
DNY59 The business development company sector (BIZD) is now in a correction, as it has pulled back by over 10% in recent weeks. Data by YCharts This is not surprising, as the sector has faced a plethora of headwinds, and it appears increasingly likely that these headwinds will only increase moving forward. In this article, we will discuss what these headwinds are and what our approach to the BDC sector is moving forward. Recession Increasingly Likely The biggest headwind facing the BDC sector and what is sp ...