Supply-demand dynamics – too much cash and too few deals – have pushed second-lien spreads down since the credit crisis. Average Spread of Middle Market Second-Lien Loans Source: S&P Capital IQ You may also likeStat of the Week: Soybean FuturesLoan Stats at a Glance – 9/25/2017Leveraged Loan Insight & Analysis – 7/30/2018Loan Stats at a Glance...