A rebound in the beaten down software sector drove broadly syndicated loan (BSL) returns higher in August. For more details and insights, check out this month's analysis.
See the latest update on business development company (BDC) growth – which jumped up in 2Q26.
Software loans provided a tailwind to broadly syndicated loan (BSL) returns in July, per the Morningstar LSTA Leveraged Loan Index (LLI). For more details and insights, check out this month's analysis.
While LSTA secondary loan trading volume fell 18% in 2Q26, 1H26 activity represented a record high $526B. For more insights, check out this month's analysis.
As Q2 cooled, refinancings led and credit selectivity sharpened, shaping how covenants are evolving heading into H2. Read full coverage.
Secondary loan trading volume declined 18% in 2Q 2026, as volatility subsided. Download the latest trade data study.
A renewed software selloff and risk-averse investor sentiment drove broadly syndicated loan (BSL) returns to a four-month low of 0.08% in June, per the Morningstar LSTA Leveraged Loan Index (LLI). For more details and insights, check out this month's analysis.
Join us for the sixth episode, where we discuss what's drawing Asian investor capital toward European private credit and whether Europe will see the same convergence of the direct lending and syndicated loan markets as the U.S.
LSTA secondary loan trading rebounded in May, with volume rising 4% to $81.5 billion. Year-to-date volume remains 1% ahead of the same period last year. For more insights, check out this month's analysis.
See the latest update on business development company (BDC) growth – which jumped up in 1Q26 – along with BDC structure, financing and asset quality.
1Q26 offered no respite from 2025’s volatility. The “Saaspocalypse,” Middle East tensions, and shifting private‑credit sentiment reignited turbulence across markets and documentation. Read full coverage.
After a strong two-month run, secondary loan trading volume dropped 22% in April to $78 billion, led by a steeper decline in software (26% vs. 20%). For more insights, check out this month's analysis.

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