![Index Commentary - April 2021](https://www.lsta.org/app/uploads/2021/05/Index-Commentary-April-2021-791x1024.jpeg)
The U.S. leveraged loan market resumed its rally in April after hitting pause in March, despite a notable boost in the net supply of new issues. Once again, the search for yield provided a tailwind to the asset class, especially at the risker end of the spectrum. As a result, loans offering higher spreads — whether due to lower rating, second-lien status, sector or other factors — outperformed.
File | Index-Commentary-April-2021.pdf |
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