Type: decline

Consumer sentiment in the U.S. has reached a new low in May, primarily driven by inflation concerns linked to the ongoing U.S.-Iran war and rising oil prices, which could have significant implications for consumer spending and economic growth.

The private credit sector is facing unprecedented challenges as defaults reach record highs amid rising interest rates, which could signal deeper issues for investors in this market. The situation is exacerbated by a decline in investor confidence and increased redemptions from funds.