The US syndicated loan market returned 0.93% in August, exceeding July’s performance as software loans rebounded to pare the sector’s YTD loss to 2.60% and close the gap with the broader market.
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
In November, US leveraged loan market performance remained subdued, as the Morningstar LSTA US Leveraged Loan Index posted only a modest gain and secondary prices continued to drift lower.
Morningstar/LSTA Leveraged Loan Index publication, Analysis & Data
Conditions in the US leveraged loan market worsened in March as sentiment soured due to tariff concerns, capital market volatility, weakening consumer confidence and a dimmer outlook for borrower fundamentals. The increased uncertainty, coupled with a sharp equity market sell-off, dampened loan investor demand and risk appetite just as the long-awaited net supply of leveraged...
Morningstar/LSTA Leveraged Loan Index publication, Analysis & Data
US leveraged loans continued to rally in November, fueled by exceptionally hot demand from CLOs and retail investors, set against very little new issuance.
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
September marked the beginning of the Fed's rate-easing cycle, with its 50 basis point cut ending the two-and-a-half-year tightening regime during which rates surged at the fastest clip in decades.
Morningstar/LSTA Leveraged Loan Index publication, Analysis & Data
A wave of volatility hit the leveraged finance market in early August as investors pivoted away from risk assets and toward safe havens following the surprising jobs report that came in well below expectations, stoking growing concerns about the health of the US economy
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
After a temporary setback in April, the “everything rally” intensified in May as risk assets surged on investor expectations that the Federal Reserve will achieve its aim of guiding the US economy to a soft landing. Marina Lukatsky of Pitchbook LCD wrote this.
Morningstar/LSTA Leveraged Loan Index publication, Analysis & Data
