Private Credit
Cracks in the "Golden Age": AI-Driven SaaS Erosion Triggers Contagion Alarms in the $3 Trillion Private Credit Market
NEW YORK — The $3 trillion private credit market, long hailed as the "Golden Age" of direct lending, is facing its most significant existential threat to date. As of March 11, 2026, a toxic convergence of high interest rates, a looming "maturity wall," and a radical disruption