Excess Spread - Who's hiring in '22, loan liquidity, the fate of Bumper
- Owen Sanderson
We’ve never had it so good — liquidity in loans
Capturing a concept as elusive as liquidity isn’t easy, especially when the data is as patchy as it is in the leveraged loan market, but there’s a decent argument that we’ve never had it so good.
When we talked to the boss of Investcorp’s Credit Management unit, Jeremy Ghose, who after 34 years in the market ought to know, he made this exact point — and it makes a lot of intuitive sense.