January Marks 20th Consecutive Positive Monthly Return for US Loan Index
The Bloomberg US Leveraged Loan Index (Ticker: LOAN), a measure of the US institutional, broadly syndicated, leveraged loan market, returned 0.67% in January following a year in 2024 that saw loan investors rewarded with 8.77% gains. In fact, it was the 20th consecutive positive monthly return since a 0.06% dip back in May of 2023.
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