New business applications are up in many sectors; down big-time in retail.
Defensive sectors have shown the highest gains in enterprise value during Covid.
In IHS Markit survey, asset managers see increased investor focus on ESG matters.
Long-term inflation protected Treasury yields have bottomed out to record lows.
This year marked a dramatic upward shift in the size of funds raised by private debt managers.
Much improved operating performance has driven down loan leverage metrics.
Combined syndicated and direct loans were a record $228 billion, topping BSL’s 2007’s mark.
Not since Spiro Agnew resigned the Vice-Presidency has receiving goods been so long delayed.
The Fed has signaled rate hikes could begin in 2023, but markets are forecasting sooner.
Despite reports of aggressive leverage, one source suggests a more measured middle market.