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“Well, first of all, there's been a lot of private credit…” — Bloomberg Surveillance at 44:34

“Well, first of all, there's been a lot of private credit that's been created over the past five and ten years. Do we know what it's worth? It's worth par, according to most marks. But just by the sheer nature of private credit, that is opaque in terms of financial disclosures and being able to aggregate that up to a…”

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