The secondary loan market has had a slightly softer tone in the past two weeks. Where will loan prices go over the next two months?
a) Down significantly: Technicals and fundamentals will weaken, driving down bids
b) Down slightly: Market has come too far, too fast – and still needs to retrench a bit
c) Flat: Technicals will continue to provide support and prices will flatline
d) Up: Technicals will jumpstart the price rally again