As the Federal Reserve sends out stronger signals about an interest rate hike and limited deal flow pushes secondary loan market bids up, retail investors are jockeying for a slow return to the loan market. Thirty one weeks of outflows were quenched the week ending February 18 via nearly $130 million of inflows. 
For the week ending February 25, net flows turned negative once again with over $118 million in outflows, bringing year to date total outflows to nearly $2.7 billion. Still, this figure is substantially lower than the weekly outflow observed just a few weeks ago. Among HY bond investors, weekly inflows have not only remained steady, but strong, to push year to date totals to nearly $11 billion.
Source: Lipper FMI, a Thomson Reuters Company
Contact: Maria Dikeos
maria.dikeos@thomsonreuters.com
Latest news
US Leveraged Loan Issuance Rebounds in September
Following three consecutive months of declining issuance, the US leveraged loan market has reversed course in September. Approximately $48.7b of…
Reversion to the Mean
Climbing toward the average is a very different story than surpassing it.
