The Loan Market Is Starting To Freeze Up Again: “There Is Growing Risk Of Credit Accidents”

His conclusion: “Investors gobbled up $2.2 billion of new CLOs in the first three days of this week. That does not sound like a market with a problem to us.

Perhaps not, but while this particularly optimistic take was the consensus as recently as a few weeks ago, it is quietly becoming the “variant perception” among fixed income commentators.


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