Mohit Mittal, Chief Investment Officer at PIMCO, shares insights on the vulnerabilities in private credit, cautioning that current returns don't justify the increasing risks. He emphasizes the deteriorating fundamentals in leveraged credit markets, urging careful strategies. Alongside analyst Steve Flynn, they explore the telecom and cable sectors, discussing potential consolidation and strategies within a challenging economic landscape. Their conversation highlights the need for high-quality investments and the potential pitfalls in today's fragile market.
