According to LSTA’s Ted Basta, “After a near record-breaking two-month stretch in which LSTA secondary loan trading volume averaged $99.4 billion per month, April activity declined 22% to a five-month low of $78 billion as volatility in the secondary market normalized. The pullback was more pronounced in software, where trading volume fell 26%, compared with a 20% decline in non-software sectors”.
Secondary Trading Monthly (April 2026)
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- Secondary Trading Monthly April 2026 Executive Summary.pdf 153 KB
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