Leveraged Loans Reap Risk-On Gains; Indonesian Junk
The Credit Edge by Bloomberg Intelligence
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The Bearish Year for High Yield and Leverage Loans
A lot of that actually has been whittled down since the beginning of the year, as we've been in a more risk on mode and deals like Nielsen, Citrix have basically sold down to their whole levels. So you're talking about prices going up and use the word euphoric. But why are prices going up right now? Well, they've been going up before this burst of new launches the last couple of weeks. They were going up because we had basically no supply. And so when CLOs are printed, they have nowhere to go. So I think it actually came down a slight bit yesterday. Right now they're staying relatively steady, a little bit under 95 cents on
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