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FS/KKR Advisor Announces Shareholder Approval of Merger of FS KKR Capital Corp. and FS KKR Capital Corp. II

PHILADELPHIA and NEW YORK – May 24, 2021 – FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US), today announced that the shareholders of each of FS KKR Capital Corp. (NYSE: FSK) and FS KKR Capital Corp. II (NYSE: FSKR), two publicly traded business development companies (“BDCs”) advised by FS/KKR,...

Economy going at the speed of light – what could go wrong?

What does the future hold for this rapidly paced market?

Despite rate pause, the Barclays Agg remains underwater

The Barclays Agg remains in negative territory YTD despite a kinder rate environment. We compare core fixed income returns in 2020 and 2021.

Credit market commentary: May 2021

Markets traded sideways for much of the month as inflation concerns and cryptocurrency market volatility weighed on sentiment.

Energy market commentary: May 2021

The energy sector showed strong performance as inflation and oil prices rose.

Rate expectations remain near zero for the long term

Prices have risen, but rates remain anchored. This week’s chart looks at Fed funds rate expectations, noting that the income problem is here to stay.
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