The Convergence of Public and Private Credit
Leveraging insights from investment professionals across our businesses, PGIM examines the forces driving convergence between public and private credit.
Congress approved a second short-term deal to keep the US federal government running, but tougher budget negotiations are likely in the weeks and months ahead. James Sonne, PGIM’s Head of Government Affairs, breaks down how lawmakers averted a shutdown, the main issues at play in budget talks, and the potential for spending cuts in future legislation.
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