Wall Street Dealers Seek Higher Fees for Trading Private Credit Bonds

Wall Street dealers are seeking increased compensation for trading corporate bonds issued by private credit funds. Bloomberg posted on X that this demand arises as investors grow cautious about the funds' exposure to software companies potentially affected by AI disruptions. The shift in sentiment reflects concerns over the stability and future performance of these bonds, prompting dealers to adjust their trading terms accordingly. This development highlights the broader market apprehension regarding the impact of artificial intelligence on various sectors, particularly those heavily reliant on software.