Wall Street banks trade derivatives to bet on pain in private credit
华尔街银行开始交易押注私募信贷违约的衍生品

JPMorgan and Barclays are among those offering CDS on Apollo, Ares and Blackstone funds
摩根大通和巴克莱等机构正在推出针对阿波罗、Ares和黑石旗下私募信贷基金的信用违约互换合约。