Search results
5 results found Showing page 1 of 1
Refine Search
Article Categories
Strategy Tags
- Direct lending (1)
- High yield bonds (5)
- Investment grade credit (remove)
- CLO (3)
- Leveraged loans (2)
- Synthetic/SRT (5)
Geography Tags
-
Credit Suisse and UK names lead charge as European IG outperforms
1 year ago
European investment grade credit is rallying strongly at the start of this week, in contrast to a sluggish start by its US counterpart market, with Credit Suisse and UK companies among the outperformers -
It's all relative: CLOs march tighter as macro traders open positive CDS skews
3 years ago
Credit default swaps are back near where they started the year after giving up their early-February gains amid a rise in government bonds. CDS curves steepened over the past month and macro hedging has left indices trading with positive skews. But CLOs paint a calmer picture in which spreads have inched tighter -
It's all relative: CLOs are lagging no more, as Carlyle deal drags market tighter
3 years ago
“CLOs are lagging” has been a much repeated refrain over the last nine months. But Carlyle Group has this week produced a US CLO that has dragged spreads to their tightest point in three years so that, rather than comparing CLOs to pre-covid levels, they should be assessed against early 2018 -
It's all relative: senior CLO tranches tighten 18% in Europe as CDS indices sit out rally
The corporate credit rally in January is notable because some assets tightened to levels not seen in over a decade (loans), others rallied albeit with a lag (CLOs) and the most liquid stream of credit (CDS indices) defied moves in other asset classes to widen
-
Europe's grind puts IG decompression trades in scope
4 years ago
The gap between US and European investment grade CDS indices has doubled this week from the tight end of its recent range, positing a possible entry point for compression trades
5 results found Showing page 1 of 1
Want all the latest news, comment, analysis and data?