Beyond Bulls & Bears

Who Said the Rules of the Game Could Change Because LIBOR’s Going Away?
Fixed Income

Who Said the Rules of the Game Could Change Because LIBOR’s Going Away?

There’s been a lot of discussion in the fixed income world about the end of the London Interbank Offered Rate (LIBOR) and what might replace it. But what hasn’t been as widely discussed is an important consequence for investors in this space: changes to LIBOR language in new-issue and amended credit agreements—particularly how these changes are implemented. Mark Boyadjian, director of our Floating Rate Debt Group, and Reema Agarwal, vice president and director of research, explain.

Why Higher Interest Rates Could Draw Yield-Seekers to Leveraged Loans
Perspectives

Why Higher Interest Rates Could Draw Yield-Seekers to Leveraged Loans

Investors in traditional fixed income products don’t typically welcome rising interest rates, but many yield-seekers are hoping the Federal ...

Silver Lining: Fed’s “Tapering” Signals Stronger Economy

Silver Lining: Fed’s “Tapering” Signals Stronger Economy

Looking at Leverage Outside the Box

Looking at Leverage Outside the Box