November 2023 US Leveraged Loan Index Monthly Wrap

US leveraged loans joined other major asset classes in a strong November rally, driven by optimistic investor sentiment that the Federal Reserve is done raising rates.  This was written by Marina Lukatsky of Pitchbook|LCD.

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…