Marc Kemp joins us on the BlueBay Insights podcast to discuss leveraged loan market performance, price action and fundamentals.
We asked Marc:
- We’ve heard a lot about precipitous falls in high yield bonds and a commensurate spread widening over the past couple of weeks – how have leveraged loans fared?
- The magnitude of moves is really very large and essentially on par with what we have seen in high yield bond markets on both sides of the Atlantic – that’s pretty unusual isn’t it?
- Why do you think loans actually lagged over the past month?
- It’s clear price action has been rather punitive, what, if anything, should we infer from this in regard to the fundamentals of issuers in the loan market?
