In recent weeks, the credit market has been impacted by three suspected fraud incidents, intensifying concerns about deeper fissures.
John Waldron, President of Goldman Sachs Group, stated that credit growth has exploded over the past decade, and if the situation worsens, the consequences will not be good. The executive pointed out that approximately $5 trillion in borrowing is distributed across high-yield bonds, leveraged loans, and private credit, the latter driving most of the growth

In recent weeks, the credit market has been impacted by three suspected fraud incidents, intensifying concerns about deeper fissures. John Waldron, President of Goldman Sachs Group, stated that credit growth has exploded over the past decade, and if the situation worsens, the consequences will not be good. The executive pointed out that approximately $5 trillion in borrowing is distributed across high-yield bonds, leveraged loans, and private credit, the latter driving most of the growth

Goldman Sachs warns of the consequences of a credit "explosion"