Debt Market Titans See Fiscal Risks and Rising Defaults

(Bloomberg) -- Apollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael Arougheti is concerned about the risk of a fiscal accident. Defaults will rise in coming years as riskier debt comes due for refinancing, according to Joshua Easterly of Sixth Street Partners LLC and hedge fund manager Hamza Lemssouguer. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock

Related Keywords

United Kingdom ,Switzerland ,Canada ,China ,London ,City Of ,Chinese ,Scotland ,Swiss ,Jonathan Ferro ,Michael Arougheti ,Paulo Eapen ,Lisa Abramowicz ,John Duffy ,Tom Keene ,James Zelter ,Andrew Yearley ,Dan Wilchins ,Hamza Lemssouguer ,Baillie Gifford ,Bruce Richards ,Bloomberg Businessweek ,Ziad Hindo ,Bloomberg Apollo Global Management Inc ,Ares Management ,Rothschild Co ,Bloomberg Global Credit Forum ,Country Garden Holdings Co ,Institute Of International ,Abrdn Plc ,Blackstone Inc ,Joshua Easterly Partners ,Signature Bank ,China Evergrande Group ,Credit Suisse ,Bloomberg ,Global Management ,Joshua Easterly ,Sixth Street Partners ,Junk Debt Markets Are Hot Again ,Real Estate Strife ,Bloomberg Economics ,Are Arougheti ,Asset Management ,Chief Executive Officer Bruce ,Evergrande Group ,Country Garden Holdings ,Cello Capital Management ,Ontario Teacher Pension Plan ,Apollo Global Management ,Interest Rates ,