According to LSTA’s Ted Basta, “As loan prices traded off and index returns sank to a six-month low in October, LSTA secondary loan trading volume surged 25% to $95.1 billion.
According to LSTA’s Ted Basta, “As loan prices traded off and index returns sank to a six-month low in October, LSTA secondary loan trading volume surged 25% to $95.1 billion – the fourth highest monthly print on record. Incredibly, three of the four busiest months in the secondary have occurred in 2025.”
The new year brought a change to Washington with the inauguration of a new president intent on disrupting business as usual and investors attuned to the accompanying risk and opportunity. But in the loan market, however, it was more of the same: a technical imbalance with new loan supply falling short of high demand from...
Analysis & Data, BSL Market Monthly publication and charts
