Moody's cuts rating on private credit fund run by KKR and Future Standard to junk as bad loans grow

CNBC (Business Website) ^ | 24 March 2026 | Hugh Son

[zeestephen]

The move by Moody's is the latest sign of distress in the private credit world. Retail investors have been rushing to withdraw funds, running into gates amid concerns about upcoming credit losses, especially related to software [company] loans.

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TOPICS: Chit/Chat
KEYWORDS: moodys; ratings; retail

[zeestephen]

Current Wall Street Wisdom...

Small software companies will find it harder and harder to compete against AI products.

[Karl Spooner]

Good thing our government doesn't have any credit worries. We just added Another 2 Trillion in 8 months. Just on this 2 trillion our interest payment comes to:
Marginal Costs: For newly issued debt, the cost is higher. Current 10-year Treasury yields are approximately 4.33% to 4.39%, which would cost about $87 billion annually for every $2 trillion in new borrowing.

[cgbg]

Look on the bright side.

The current debt is about the same as five years ago in non inflated dollars.

Lol.

[Miami Rebel]

I’m a buyer of KKR and OWL.

[zeestephen]

Re: "I'm a buyer of KKR and OWL."

Blue OWL - 84 PE - That was daring!

As of this morning - KKR and OWL both have a majority analyst BUY rating.

[Miami Rebel]

OWL earned .$84 per share last year. $.90 is the consensus estimate.

[Karl Spooner]

I ran that by Ai, I tend to get complicated answers for my little brain to handle, but one thing is clear as to who pays for it in that 5 year timeframe.

"Purchasing Power Loss: This level of inflation resulted in a cumulative real income loss of roughly $8,000 per American during that period. "

Here is he answer Ai gave me. Perhaps you or someone else could phrase a question to Ai that would give a better answer to you hypothesis.

National debt growth