In this European episode of Macro Minutes, Peter is joined by Marc Sanchez who is RBC’s Head of European Financials Sector Strategy and recently wrote a detailed note about the private credit market and the potential pitfalls. Marc and Peter recap why markets have recently become wary of private credit, explore where the problems might lie and what potential contagion channels into the public markets exist.

• Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
• Marc Sanchez (Desk Strategy), Head of European Financials Sector Strategy

*Research Analyst opinions are their published views, independent of those expressed by Desk Analysts