PDI Picks – 9/12/2022

Ups and downs in the US

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Some of the key talking points from our recent roundtable

Amid rising interest rates and an inflationary environment, US private debt professionals are able to look on the bright side. Participants in a roundtable, forming part of our recent US Report, pointed out that rising rates translate to an increase in coupons and widening spreads – theoretically boosting returns in the process. It’s also been widely highlighted, of course, that the floating-rate nature of many loans is a favourable attribute in today’s environment.