Leverage loans this year have actually performed quite well. Through the first half of the year, the leverage loan index up close to 7%, 6.75% and... But that was with some degree of volatility. That has been almost entirely driven by corporate earnings as we went through Q4 and Q1. I would expect a little more volatility as we go through the back half of this year but not as noted as in March.
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains Fed Chair Jerome Powell's admission that the central bank was blindsided by the impact of shrinking its balance sheet four years ago. Roberta Goss, Head of the Bank Loan and CLO Platform at Pretium, discusses the leveraged loan environment. Mark Mahaney, Head of Internet Research at Evercore ISI and Bloomberg Intelligence Senior Technology Analyst Mandeep Singh talk about Meta’s Threads app topping 100 million users. And we Drive to the Close with Abhay Deshpande, Founder and CIO at Centerstone.
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