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Chicago Fed
In PWD coverage since September 30, 2026 · 2 stories
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income
T. Rowe Price's Wyatt Lee says private credit is becoming a big piece of annuity holdings
He spoke on a Goldman Sachs Asset Management panel discussing a 2026 retirement survey in which 83% of respondents said they want guaranteed income, as Fitch put the trailing default rate on U.S. private credit borrowers at a record 6.3%.