Home Market Outlook Today's Market Summary Private credit markets are facing mounting stress, with default rates surpassing 9% at the end of 2025 and gating measures restricting investor redemptions in Q1. Major funds like BlackRock and Blackstone have now reported Q1 NAV declines due to markdowns on troubled software loans, amplifying redemption pressures. Rising defaults in private credit threaten insurer balance sheets and could trigger a broader credit crunch for mid-market firms. Delinquencies in consumer and commercial real estate debt are also climbing, compounding systemic risks as equity valuations remain historically elevated. The article below highlights the troubling trends throughout the private credit space and their potential impacts on the economy and the markets. Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate.…