Alternative Credit Letter November 2024
Leveraged loans delivered strong gains in October, outperforming the high yield market by 1.45%. YTD, the leveraged loan index returned +7.75% vs a +7.78% return for the High Yield Index. Default rates are still low, indicating strong support for both asset classes in the coming months.
Read in-depth insights in our Fixed Income Credit Markets – Nov-2024 report