These smaller rating agencies, like DBRS, benefit disproportionately from private credit. When they talk about credit quality, I wonder whether I should take it with a giant grain of salt or trust them because they’re closer to the action. I am leaning towards salt though...
These smaller rating agencies, like DBRS, benefit disproportionately from private credit. When they talk about credit quality, I wonder whether I should take it with a giant grain of salt or trust them because they’re closer to the action. I am leaning towards salt though...