Why Revolvers Matter

It’s been called the most mispriced security on Wall Street. It’s also the least-known casualty of bank regulatory reform. Welcome…

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Yield Signs

Regulatory pressures have buoyed spreads since early 2014, with middle market at a consistent premium to large caps. Source: Thomson Reuters…

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Follow the Flows

Not surprisingly, investors’ views of where interest rates will go track investing decisions on floating rate instruments. Source: Wells Fargo,…

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