The US leveraged loan market closed out the third quarter on a sour note, amid a darkening outlook for the economy and increased volatility across the capital markets in late September.
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
Prices in the U.S. leveraged loan trading market continued to advance in May as investors' search for yield added fuel to the rally within the riskiest corners of the market....
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
U.S. leveraged loan investors in February faced the highest monthly supply shortage on record, despite what feels like the busiest primary market in over a year....
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication
Investor demand outpaced the supply of U.S. leveraged loans in January, sending prices in the trading market beyond pre-pandemic levels. Multiple metrics make clear that loan issuers are now firmly in the driver’s seat: yields on new term loans have fallen to decade-long lows, repricings of existing loans outnumber new-money deals, and virtually all price...
Analysis & Data, Morningstar/LSTA Leveraged Loan Index publication