Showing 571–580 out of 1015 results
Credit market commentary: March 2022
Sharply higher interest rates, geopolitical tensions, a volatile commodities complex, inflation, and the ultimate course of the Fed’s tightening cycle have caused volatility for much of the quarter as markets have been forced to quickly recalibrate expectations given these rapidly evolving situations.
Credit market commentary: March 2021
Interest rate volatility continued to weigh on markets for much of the month.
Credit market commentary: March 2020
HY Bonds and Senior Secured Loans each endured their worst month since 2008, ending down -11.76% and -12.37%, respectively, as the global rout in risk assets continued. Historically, credit markets have been resilient, performing well following sell-offs and rewarding investors for buying in at or near current spread levels.
Credit market commentary: March 2019
Treasury rates fell following the Fed's dovish tone at their March meeting, boosting the more duration-sensitive Barclays Agg.
Credit market commentary: March 2018
Benefiting from their floating rate coupon and position at the top of the capital structure, senior secured loan prices remained relatively steady in the face of rising short-end U.S. Treasury yields and a decline in U.S. equity prices.
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: June 2022
Volatility roared back in June. High yield bonds lost -6.8%, their worst month of 2022, while loans were down -2.16%. This marked the first back-to-back monthly declines of greater than 2% for loans since 2008.
Credit market commentary: June 2021
The duration-sensitive Barclays Agg posted its third positive return of the year in June as long-term interest rates declined slightly.
Credit market commentary: June 2019
Leveraged credit rebounds in June | HY Bonds benefit from repriced rate expectations
Credit market commentary: June 2018
High yield bonds and senior secured loans gain in June. Yield curve flattens on rising rate expectations.
Showing 571–580 out of 1015 results