We’re deep in the summer lull for European levfin, but don't despair as it won't be too long before the action picks up. Expect more details on a burgeoning pipeline from 9fin in the coming weeks.

In the meantime, all eyes are on Fed chair Jerome Powell whose Jackson Hole speech on Friday afternoon is expected to focus on the seemingly never-ending fight against inflation (at this point, it’s definitely felt like a 12-round slog). 

The takeaway will most likely be “higher for longer”, as opposed to “mission accomplished”.