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Talk Your Book: CLOs – The Providers of Leverage

Animal Spirits Podcast

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The Paradox of Investment Grade Bonds in 2022

In 2022, investment-grade bonds underperformed high yield dramatically. One of the only large asset classes to be positive last year was CLO triple A's. The bid-ask spread on loans is non-trivial. It's when you trade a loan, in general, you have to pick up the phone and speak with someone.

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