Featuring Charts
Chart of the Week: Headed Up?
The 30-Year US Treasury index has been on a down slide for over three decades…so far.
Read MoreChart of the Week: Honey, I Shrunk the Fed
Quantitative tightening is expected to reduce the Fed’s balance sheet by $2 trillion.
Read MoreChart of the Week: Welcome to the Precession!
Not since 1969 have there been two milder consecutive negative growth quarters.
Read MoreChart of the Week: Misleading Indicator?
The Conference Board index of ten leading indicators points to only a modestly slowing economy.
Read MoreChart of the Week: Off the SOFR
Forward expectations for loan benchmark rates are peaking in early 2023.
Read MoreChart of the Week: Spreads Move, Premium Persists
The illiquidity premium for middle market loans is a staple regardless of how spreads change.
Read MoreSubscribe Now!
Join the leading voice of the middle market. Try us free for 30 days.
Click here to view the Newsletter sample.
What is the Lead Left?
- One-stop source for deals and data
- Market trend commentary and analysis
- Exclusive interviews with thought leaders
View Article By
Features
Leveraged Loan Insight & Analysis – 8/8/2022

BDC loan valuations shift lower in recent filings The fair value of BDC debt investments declined in 2Q22, driven by credit spread widening across the broader markets as volatility spiked against a backdrop of inflationary pressures and recession fears. Looking at the cohort of 56 BDCs that have posted earnings as of August 10, the…
View ArticleThe Pulse of Private Equity – 8/8/2022

Midyear grading Download PitchBook’s Report here. Every December, PitchBook makes a slew of predictions about industry trends in the upcoming year. That’s been a tricky gambit since 2019. In successive years, the industry has navigated a global pandemic, a skyscraper of a recovery, and a slowdown driven by unavoidable macro trends. Last December, the prevailing mood…
View ArticlePrivate Debt Intelligence – 8/8/2022

Private debt fundraising in North America on track for record The number of private debt funds in North America has yet to reach pandemic or pre-pandemic levels, but the trend of mega funds continues. In 2022 year to date, 55 private debt funds closed in North America. Even if that number doubles in the next…
View ArticlePDI Picks – 8/8/2022

Fundraising hits a new low Raising capital in the first half of this year was even tougher than at the height of the pandemic, but fund sizes are at all-time highs. First-half fundraising among private debt funds in 2022 is the lowest it has been in our sample at $91.9 billion, even slightly lower than…
View ArticleLeveraged Loan Insight & Analysis – 8/1/2022

The healthcare sector led sponsored MM lending in 1H22 Overall sponsored middle market lending activity (comprised of both direct lending and syndicated volume) was robust again in 2Q22, climbing 42% to US$44bn. The healthcare, business services and technology sectors remained in the top 3 spots in the most recent quarter, cementing their lead in the…
View ArticleCov-lite trends Inflation & rising interest rates – LIBOR to SOFR transition Mega-tranche uni trend ESG takes center stage Login to view interactive report and download PDF version. … Login to Read More...
Beginning in September 2021 The Lead Left published a series of articles on supply chain. This report consolidates those articles.
Beginning in March 2021 The Lead Left published a series of articles on reflation and inflation. This report consolidates those articles.