Cembalest predicted broadly syndicated loan losses would rise above private credit losses for the first time; this did not happen.

factualpending

Speaker

Michael Cembalest

Evidence Quote

broadly syndicated Lo loan losses rise above private credit losses for the first time that didn't happen

Source

Something's Going to Break, We Don't Know WhatThe Compound
Created: 8/11/2026, 7:15:52 AM

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