ID 55251082 © Rfischia | Dreamstime.com

Leverage need not be a bad word? Well, maybe.

That is certainly true if you look at very short-term trends since the turn of the year for the secondary leveraged loan market in Europe, which are highlighted below.

(Source leveragedloan.com)

However, longer-term trends are less meaningful at a time when it is hard to gauge the appetite for many risky assets from the 110 trading level of $/¥ exchange rate – the Japanese yen typically appreciates as a value reserve in the ...

Subscription Required

In order to view the entire article please either register an account and subscribe or login with a valid subscription below

Please Register

Please either or register below to continue