leveraged loan market
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Sep 12, 2024 by Dave Brizano · across every show →
Everything said about leveraged loan market, oldest first
Sep 12, 2024 bearish
Leveraged loan defaults may soon exceed bond defaults, reversing historical norms
“So we think there's a probability that the default rate in the loan market might exceed that in the bond market. And the recovery rate in the loan market might be lower than that of the bond market, which is different than what it was in the past.”