--- title: Is this a warning sign of a private credit crisis, or just market panic? description: "Blue Owl Capital, often considered a poster child for the private credit boom, closed at a record low as worries grow about the health of the $1.8tn market. The stock fell 1.4% to $8.45, slipping below its previous low from late 2022. 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The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. 7 Apr 2026 - - - #### Is this a warning sign of a private credit crisis, or just market panic? Blue Owl Capital, often considered a poster child for the private credit boom, closed at a record low as worries grow about the health of the $1.8tn market. The stock fell 1.4% to $8.45, slipping below its previous low from late 2022. It is now down 68% from its all-time high. Source: HolgerZ, Bloomberg [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Is this a warning sign of a private credit crisis, or just market panic?](https://blog.syzgroup.com/hubfs/5-Apr-07-2026-02-23-51-7769-PM.jpg) ![Is this a warning sign of a private credit crisis, or just market panic?](https://blog.syzgroup.com/hubfs/5-Apr-07-2026-02-23-51-7769-PM.jpg) #### Disclaimer This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. Read More ## Related Articles [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) #### [Using the past seven tightening cycles as a guide, GS notes that the S&P usually struggles at the start, falling an average of 2% over the first three months.](https://blog.syzgroup.com/syz-the-moment/using-the-past-seven-tightening-cycles-as-a-guide-gs-notes-that-the-sp-usually-struggles-at-the-start-falling-an-average-of-2-over-the-first-three-months?hsLang=en) Using the past seven tightening cycles as a guide, GS notes that the S&P usually struggles at the start, falling an average of 2% over the first three months. The pinch typically does not last long, however, with the index gaining an average of 9% over the following 12 months. The bruising exception was 2022. Ultimately, earnings growth determines the market’s trajectory, but the speed and volatility of the move in rates can heavily influence stocks along the way. Source: TME, GS **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 16/09/2026 [markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) #### [The corporate buyback blackout begins this week](https://blog.syzgroup.com/syz-the-moment/the-corporate-buyback-blackout-begins-this-week?hsLang=en) Approximately 40% of S&P 500 companies are expected to enter blackout periods. This transition typically tempers one of the market’s most consistent sources of demand. Source: TME, GS **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 15/09/2026 [ETF|](https://blog.syzgroup.com/syz-the-moment/tag/etf) [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) #### [GLOBAL X CYBERSECURITY ETF JUMPS 11% IN BIGGEST GAIN ON RECORD](https://blog.syzgroup.com/syz-the-moment/global-x-cybersecurity-etf-jumps-11-in-biggest-gain-on-record?hsLang=en) Pretty wild moves from cybersecurity names yesterday Source: Bloomberg, Negligible Capital **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 15/09/2026 ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. [Discover more](https://blog.syzgroup.com/syz-the-moment) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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