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.