Private Credit Defaults Climb To 6.3% In August, Fitch Says
U.S. private-credit stress is ticking higher as Fitch Ratings put the trailing 12-month default rate at 6.3% through August 2026, edging up from July’s 6.1% and setting a new high. The gauge has remained above 6% since April, indicating persistent strain in the middle-market lending universe. In its update, Fitch Ratin