Corporate Bubble Pricing Revised, Effect Is The Same
The S&P/LSTA Leveraged Loan 100 was updated this weekend through August 13, confirming that market values in those “liquid” names fell below the December 16 levels for the worst prices since before QE3. There isn’t any further information on the reasons for the delay, though revisions to the BofAML High Yield indices suggest an answer. On Friday, the CCC and [...]
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