Secondary Market Monthly - November 2021 Executive Summary

Through the third week of November, loan traders had taken advantage of a softer secondary market and went on to bid up loans to a new pandemic high. But the November ‘buy the dip” rally ended abruptly as news circulated on the new Omicron variant, a fact that rattled markets across the globe.


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Bye-Bye, BSBY

Bye Bye, BSBY” upon BISL’s announcement of BSBY’s future cessation.