Credit market commentary: September 2023
Credit markets were mixed in September as investors increasingly accepted that rates may remain elevated for an extended period.
Credit market commentary: August 2023
Credit markets saw another month of positive returns in August as high yield bonds returned 0.29% while senior secured loans returned 1.17%.
Credit market commentary: July 2023
Credit markets experienced continued positive momentum in July amid positive economic data, moderating inflation and better-than-expected Q2 earnings reports.
Credit market commentary: June 2023
Driven by stronger than expected economic data in June, credit markets turned higher as senior secured loans returned 2.26% while high yield bonds returned 1.63%.
Credit market commentary: May 2023
Despite solid economic data and better-than-feared corporate earnings credit turned in mildly negative returns in May.
Credit market commentary: April 2023
Following an extraordinarily volatile March, credit markets turned higher amid the more settled macro environment.