2025 年以来,美国私募信贷市场(private credit)风险进一步暴露,并与AI 恐慌形成共振,部分私募基金遭遇赎回潮,引发市场广泛关注。我们认为,疫情以来美国私募信贷市场快速膨胀积累了一定脆弱性,不排除后续仍有零星风险事件暴露,但考虑到2026 年美国经济增长超预期修复(参见《再度上调2026 年美国GDP 增长预测》,2026/1/11),且私募信贷市场体量不大,银行对其直接敞口不高...
Source Link2025 年以来,美国私募信贷市场(private credit)风险进一步暴露,并与AI 恐慌形成共振,部分私募基金遭遇赎回潮,引发市场广泛关注。我们认为,疫情以来美国私募信贷市场快速膨胀积累了一定脆弱性,不排除后续仍有零星风险事件暴露,但考虑到2026 年美国经济增长超预期修复(参见《再度上调2026 年美国GDP 增长预测》,2026/1/11),且私募信贷市场体量不大,银行对其直接敞口不高...
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