Oaktree Says Boring is Beautiful In Dicey Private Credit Market

Oaktree Says Boring is Beautiful In Dicey Private Credit Market

June 11, 2026 ยท 56 min

About this episode

The episode discusses the current state of the private credit market and the return to basic lending practices amidst rising debt troubles.

Private lenders are going back to basics as debt trouble spreads, market participants tell Bloomberg News’ James Crombie in this special episode of the Credit Edge podcast. “Boring is beautiful, boring is better right now,” says Christina Lee, managing director at Oaktree Capital Management. The podcast also explores AI debt risks, software distress, how tight bond spreads can go and the state of US consumers with the following guests: Matt Brill, head of North America investment-grade credit at Invesco; Anish Shah, global head of debt capital markets at Morgan Stanley; Lotfi Karoui, multi-asset credit strategist at Pimco; Jody Lurie, Bloomberg Intelligence senior credit analyst; Na Wei, global head of leveraged finance at Barclays; Sheel Patel, head of Mayer Brown’s private credit practice in New York; Shalini Sriram, Third Point’s head of structured credit; and Scott Goodwin, co-founder of Diameter Capital Partners. Interviews were recorded June 3 at Bloomberg’s Global Credit Forum in New York.   See omnystudio.com/listener for privacy information.

Explore listener stats, chart rankings, contacts and more on the The Credit Edge by Bloomberg Intelligence podcast page.