Chart of the Week: Deflating Expectations
Consumer price inflation has generally dropped since 1980, with questions raised for its future course.
Chart of the Week
Chart of the Week: Returns Are In
Source: Lincoln International(Past performance is no guarantee of future results.)
Chart of the Week: Libor Pains
While Libor has slumped since 2018, Libor floors and direct lending spreads have remained in a range.
Chart of the Week: Relatively Speaking
Returns for middle market loans are less volatile than their BSL counterparts, and higher, on average.
Chart of the Week: Default Lines
Credit estimates, compared to credit ratings, have proven more beneficial to middle market CLO defaults.
Chart of the Week: Midcaps on Upswing
While 2020 middle market CLO activity slid from the previous year, 1Q 2021 issuance has revived.
Chart of the Week: Alpha Bets
CLO asset and liability spreads move in concert, down now below pre-Covid levels.
Chart of the Week: Triple A Service
CLO liability spreads for the most creditworthy tranches have fallen below pre-Covid levels.
Chart of the Week: Vehicles For Sale
Formation of new collateralized loan obligations slowed last year, but picked up in 2021.
Chart of the Week: Breakeven Analysis
The difference between the five-year Treasury and five-year TIPS shows inflation expectations higher than the Fed’s 2% target.