All very quiet where BDC Fixed Income is concerned, both prices and new developments.
BDC Fixed Income prices were as stable as they could be in the week ended November 9, 2018. However, there was plenty of chopping and changing going on in the group.
BDC Fixed Income hangs in there. However, developments at Gladstone Capital and elsewhere foretell changes to come.
While BDC common stocks and all the main markets were in the grips of a major pull-back during the week, BDC Fixed Income had the quietest of weeks.
BDC Fixed Income prices synced with interest rate movements in a quiet week where new developments are concerned.
As the BDC common stock sector got hammered BDC Fixed Income got a reprieve. In fact, the BDC Reporter suggests a big shift in BDC debt issuance could be in the cards.
BDC Fixed Income prices are being squeezed by higher interest rates, but only modestly. We discuss how rate turmoil may affect issuance and yields going forward.
The BDC Fixed Income segment is in the midst of a major change, just as prices begin to soften.
This was an important week for the BDC Fixed Income sector, both in the short and long term. We discuss changes underway that might feature for years to come.
Another week when BDC Fixed Income prices and yields remained unmoved. But what if the risk free rate shoots up in the future as Jamie Dimon predicts ? We discuss the implications.
BDC Fixed Income prices did not do much this week, but there were other notable developments which augur busy times ahead for chief financial officers at funds across the sector.
The summer ends well for BDC Fixed Income prices even as several issues are retired. In the fall and winter ahead, we expect a heightened level of activity and much in the way of surprises as BDCs find their way through the new leverage rules.
A quiet August week for BDC Fixed Income prices but fundamental changes to the size of the market are beginning to show up, promising a different landscape for investors in the next couple of years.
The BDC Fixed Income market barely budged on the week, but conditions are ripening in the short term for a modest shift in price levels. Longer term there are still many uncertainties that could swing the market any number of ways.
BDC Fixed Income crawls up in price even as the segment shrinks in size. The BDC Reporter remains optimistic.
BDC Fixed Income moved up modestly in quiet week. However, changes are underway in how some BDC debt is rated which could have major implications.
A quiet week, both in terms of price changes and news developments, in BDC Fixed Income. Looking around the corner, we speculate as to whether the universe of publicly traded unsecured BDC debt gets bigger or smaller.
The famously stable BDC Fixed Income market seems a little anemic. However, that’s nothing compared to what may happen as BDCs position themselves around the Small Business Credit Availability Act.
The BDC Fixed Income market was softer on the week, but that may be a short term phenomenon. More importantly, a BDC raised new unsecured debt in a manner that may be very instructive for the future of the sector.
A bounce back in BDC Fixed Income prices during a short week. Otherwise, we learn what we can from Prospect Capital’s latest debt offerings and review likely early debt redemptions. (This is the full version of the article. An earlier version was truncated by pixies for reasons unknown).
