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Cracked obsidian bond tablet sinking into shadow, while a glowing neon circuit-etched coin rises, casting light over falling chart bars.
Macro & Risk Sentiment·TradFi

Private Credit Cracks Deepen as BDCs Slide; UBS Sees Up to 15% Defaults—Why MicroStrategy’s STRC Is Now in Focus

BDCs sink as private credit faces liquidity stress; UBS warns defaults could hit 15%. Investors now eye MicroStrategy's STRC as liquid "digital credit."

BT
TETessa LarkinFeb 25 08:00
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