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Cloud 9fin

The CLO reinvestment crunch

10 Nov 2022

Description

The primary market is back open (for now) but there's a slow squeeze happening in secondary. Liquidity is poor, and lower-rated credits are underperforming โ€” and it's going to get worse before it gets better. Will Caiger-Smith sits down with Emily Fasold to talk about the reinvestment crunch.

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