Energy
The oil shock is testing private credit borrowers already burdened by high debt costs
Oil near $100 could further squeeze leveraged private credit borrowers as investors weigh the risk that inflation could push interest rates higher again.


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Oil near $100 could further squeeze leveraged private credit borrowers as investors weigh the risk that inflation could push interest rates higher again.

Rate setter Mario Centeno said the European Central Bank should continue to cut interest rates or risk seeing inflation settle beneath its target.
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