US Leveraged Loans: From Trepidation to Potential Reflation

As investors consider the pending transition from virus-related trepidation to a potential reflation scenario, U.S. leveraged loans are frequently re-emerging in allocation discussions. 

They have attributes that fit both sides of the transition: attractive spreads and seniority in the capital structure amid investors’ search for yield in a still-uncertain economic environment as well as minimal duration and floating-rate coupons in an environment where inflation expectations and interest rates continue to tick higher.

You can now read the full whitepaper at the link below