According to The Kobeissi Letter, US companies' 30+ day delinquencies surged to $29 billion in Q4 2024, marking the highest level in at least eight years. This increase reflects a rise of approximately $8 billion, or 38%, over the last five quarters. Notably, this figure excludes loans from direct lenders and private credit, suggesting potential additional risk exposure not captured in the reported data.

According to @jessepollak, there is an opportunity to earn over 10% yield fully on-chain through private credit. This indicates a trend where decentralized finance (DeFi) platforms are increasingly offering competitive yields compared to traditional finance, which could attract more institutional and retail investors seeking high returns. This information is crucial for traders looking to diversify their portfolios with DeFi products that offer higher yields. Source: @jessepollak