Thursday 26 January 2017 15:14 London/ 10.14 New York/ 23.14 Tokyo
US CLO secondary market mezz rally is pausing for breath this week so far.
"Superficially it's still very active with a lot of paper coming in for the bid, but the volume of non-investment grade paper is half of what it was last week," says one trader. "Investment grade guys are still buying, but below that spreads are pretty much ...
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