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Talk Your Book: CLOs – The Providers of Leverage
Animal Spirits Podcast
What Is a Collateralized Loan Obligation?
The average default rate over the last 30 years for loans is between 2% and 3%, according to most measures, some different people measure it slightly differently. The Credit Suisse leverage loan indexes had positive returns in 28 of the last 31 years. I'm unaware of any other risk asset class that's had such consistent positive total returns.
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