The U.S. Treasury will meet with U.S. and global insurance regulators starting this month to review risks and recent developments in private credit markets, amid growing concerns about the $2 trillion non-bank lending sector. According to Reuters the U.S. Treasury wants to understand “the rising use of fund-level leverage, the consistency of private credit ratings, the use of offshore reinsurance, and the liquidity of investments in private credit markets.” Read the article from Reuters.
