MarketsPrivate Credit's Quiet Quarter Wasn't Quiet at AllHeadline default rates remain near record lows. Inside the funds, mark-to-model accounting is doing a great deal of work.By Clara Montgomery · NEW YORK · June 25, 2026 · 11 min read
The Fed's Summer Patience Has a Shelf LifeTwo cuts are priced in. Three would require something to break.By Clara Montgomery · June 12
Private Equity's Slow SpringThe first-quarter fundraising numbers are out. The story is the LPs who did not return calls.By Pulse Chronicles · April 14
From the Vault · 1997The Quiet Contracts: Enron's Southern Utility PlaysA Houston trading desk has spent two years buying long-dated capacity from Southeastern utilities. The utilities are only beginning to notice.By Staff, Pulse Chronicles archive · November 1 · 19 min