Chart of the Week

Since early July public equities have seesawed between recession worries and confidence. Source: FactSet(Past performance is no guarantee of future…

Consumers in Italy reported a drop in confidence last month. Source: The Daily Shot(Past performance is no guarantee of future…

The number of negative watch or warning leveraged loan borrowers is declining. Source: PitchBook | LCD; Morningstar LSTA US Leveraged…

Amid last week’s turmoil in public equities, loan and bond returns thrived. Source: The Daily Shot(Past performance is no guarantee…

The Bank of England lowered its benchmark rate for the first time since Covid. Source: The Daily Shot(Past performance is…

The UK has been the main source of European private debt deal volume. Source: Deloitte Private Debt Deal Tracker, Spring…

New CLO issuance in Europe this year is outpacing 2023 by a wide margin. Source: Pitchbook | LCD(Past performance is…

The prospect of lower interest rates has boosted new CLO issuance at a record pace. Source: CreditFlux(Past performance is no…

Refinancings by direct lenders returned last quarter to outweigh BSL takeouts. Source: PitchBook LCD, data through June 30, 2024(Past performance…

Among a basket of traded credit strategies, leveraged loans are showing well. Source: The Daily Shot(Past performance is no guarantee…