TheLeadLeft

Chart of the Week: Lower for Longer

Published by on 0

The past two years have not been kind to holders of ten-year Treasurys.  Source: The Daily Shot, Alpine Macro(Past performance is no guarantee of future results.)

Four for ’24 (First of a Series)

Published by on

2023 was characterized by several key themes in the capital markets. The Fed’s battle against inflation, the resulting impact on issuers of higher for-longer interest rates, a much slower M&A pace as buyers and sellers deal with mounting borrowing costs and compressed equity returns, and the steady disintermediation of buyout financings from public to private…

Subscribe to Read More
Already a member? Log in here
Covenant Trends - 12/11/2023

Published by on 0

Distribution of MFN Sunset Horizons (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

The New Paradigm (Fourth of a Series)

Published by on

Why is private credit getting called out for potential bubbles and systemic risk when banks have been the ones failing? We posed that question to Van Hesser, the chief strategist for KBRA. Mr. Hesser produces a weekly podcast, “Three Things in Credit.” His October 27th conversation about private credit, capital markets and the economy caught […]