EUROPEAN JUNK BONDS INCHED UP  in price overall, paralleling an upside fluctuation in stocks of Europe's bourses. The   higher-yielding securities edged out less-risky investment-grade debt  on the heels of yesterday's statements from Federal Reserve Chief Janet Yellen. The […]

BIDS FOR RISK WERE EXTENDED  from yesterday's session, with European junk bonds easily outpacing investment-grade debt in net prices.   Financials and mainstream insurance securities came on strong  in the afterglow of yesterday's run-up in prices, as high-yield bonds […]

On September 6, 2017 after the close, CM Finance (CMFN) announced the results of its fiscal fourth quarter and full year ended June 30 2017 in a press release, and filed a 10-K. The BDC Reporter has read both documents. Here are the highlights, as well as analysis of the earnings and […]

RISK-OFF SENTIMENT NOTCHED LOWER  among investors in European corporate debt. Relative to yesterday's levels of risk aversion, trades in corporate bonds reflected a   very slight favor for junk bonds in price gains linked to actual trades. Nonetheless   geopolitical […]

European stocks  bounced back from   6 month lows   on Wednesday, seeing levels rise after a downturn   on Tuesday  due to   political risk in Asia.  The   FTSE 100 and Stoxx Europe 600 saw gains of 0.51% and 0.78% after investors […]

A dissection of the latest quarter’s BDC portfolios by LevFin Insights and Advantage Data shows that non-accruals dropped significantly over the past year. For the 24 public and nonpublic BDCs with at least $1 billion in assets under management, the non-accrual rate has retreated to an […]

The  BDC Reporter writes a Weekly Recap about trends in the markets for BDC common stocks and Baby Bonds for its premium subscribers every  Saturday. Here is an extract from the latest update regarding what’s happening to BDC common stocks... […]

European indices closed higher on Tuesday, rebounding from previous declines. Germany's monthly economic sentiment index came in below analysts projections on Tuesday, while the U.K. saw its first July surplus in 15 years and defied analysts' expectations of a £1 […]

The TTM U.S. institutional leveraged loan default rate is at 1.7%, down from 1.9% at end-July, marking what Fitch Ratings believes is a trough in the default rate. Fitch expects the default rate will end the year around 2.5%. […]