![Secondary Market Monthly - February 2022 Executive Summary](https://www.lsta.org/app/uploads/2022/03/Secondary-Market-Monthly-February-2022-Executive-Summary-1024x732.jpeg)
Last month we discussed why loans, in contrast to equities and bonds, delivered a positive return in January despite a late month pull-back in secondary market prices. (Hint: we generally outperform in rising rate environments.) February proved to be a far different animal as global equity and credit markets traded off in anticipation of Russia’s invasion of Ukraine, which finally occurred during the last week of February.
File | Secondary-Market-Monthly-February-2022-Executive-Summary.pdf |
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