Secondary Market Monthly February 2024 Executive Summary

Broadly syndicated loan (BSL) returns shrugged off a higher-than-expected inflation reading and increased to 0.91% in February, according to the Morningstar/LSTA Leveraged Loan Index (LLI). Despite the hiccup on the inflation front, the strong economy propelled the S&P 500 5.2% higher in February, while corporate bond performance was mixed in light of the uncertainty around interest rates: High-yield bonds returned 0.29% while investment-grade bonds declined 1.5%, according to the Bloomberg Indices.


Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View our Latest Member Spotlight

Our Partners

CUSIPDeal Catalyst transparent colourFitch Group logolseg_da_logo_hrz_rgb_posMorningstar