As private credit grows, underwriting standards remain healthy
Lenders requiring more equity and less leverage, suggesting healthy private credit lending standards.
Private credit attractive to sponsors and investors
Private credit has become PE sponsors’ primary source of financing for LBOs and M&A activity as the asset class becomes increasingly mainstream.
Private credit maintains its healthy yield premium
Amid private debt’s massive growth, this week’s chart looks at the healthy yield premium of private credit transactions compared to public markets.
A focus on duration amid the nonstop rise in rates
This week’s chart looks at high yield bonds’ limited duration profile compared to investment grade bonds.
Credit offers elevated yields, attractive valuations
High yield bonds and senior secured loans may offer attractive yields and an appealing entry point compared to stocks.
High yield attractive amid elevated yields?
High yield bonds offer attractive income and a potentially good entry point. This week’s chart looks at high yield bond yields and spreads over time.