US secondary loan bids get a boost
from improved single-B sentiment

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Average bids in the US secondary loan market have been on the upswing of late. The LPC 100, Refinitiv LPC’s cohort of the 100 largest and most liquid loans, closed Monday bid at 98.02, its highest level since August 2. The LPC 100 was bid as low as 96.96 back on October 14