June, 2016
By JP Leasure and Michael Marzouk

What’s Inside

  • An impressive rally in credit risk: higher commodity prices, stabilized economic data, and dovish central bank action have fueled a strong market environment for risk assets.
  • Dodd-Frank risk retention rules are impacting CLO issuance.
  • A lower volatility profile for bank loans was observed in the second quarter of 2016 as the asset class was insulated from factors that drove weakness in high yield bonds.

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