Kroll report details a private credit sector protected from systemic risk by financing dexterity, and strong relationships between private equity sponsors and private credit lenders.

Past havens such as emerging markets offer little protection, so investors are considering high-yield bonds and high-quality equities.

Bank of England says it is ceasing support for gilts on Friday, as plans face punishing margin calls amid tanking fixed-income values.

Allocators and other investors shy away from the practice, but a research paper argues that rising rates pose an ideal opportunity for negative bets.

Answer: Rates are low, and so are the firms’ debt ratios.