Bank Of America Stock Edges Lower As Private Credit Turmoil, Tariff Jitters Weigh On Financials

Bank of America stock is volatile. Where are BAC shares going?Private Credit Sell-Off Rattles FinancialsPressure began late last week after Blue Owl Capital said it would sell roughly $1.4 billion of loans from a private credit fund to meet redemption demands and unwind a planned merger.Forced sales at book value stoked fears that similar vehicles may be over-promising liquidity and could be forced to crystallize losses as investors rush for the exits. The news has slammed alternative-asset managers and pul ...