Public markets are affected by “private credit problem” #shorts #privatecredit #markets

A huge part of our capital is to provide investors tail protection. And so we our domain expertise is credit derivatives. And so the um liquidity in in in high yield credit derivatives is such where you can put on tens of billions.And um and so I have that as a short in some sense this at a discount fits as a long because if we're right and if these buys at minus 27 orus 35 are bad buys, you know, look out below. And I I will point you to when the Cliff Water News came out since that minute, high yield has ...