What are Collateralized Loan Obligations (CLO)? Collateralized loan obligations (CLO) are securities that are backed by a pool of loans. In other words, CLOs are repackaged loans that are sold

In late October 2022, the 10y-3m Treasury yield curve inverted for the first time since 2019 and continued to invert further through November. This has left investors contemplating a recession

Global prices for bonds backed by leveraged loans are rallying from a short-lived, UK-centered selloff that’s changing investor perceptions about the $1.2 trillion collateralized loan obligation market. In Europe, Ares

Mortgage-backed securities (MBS) are debt obligations that represent claims to the cash flows from pools of mortgage loans, most commonly on residential property. Mortgage loans are purchased from banks, mortgage

Prices for the highest-rated bonds backed by leveraged loans are creeping higher in trading markets, signaling that at least some investors are snatching up securities they see as cheap, and

Understanding CLO Collateral: Leveraged Loans A portfolio of loans act as the collateral supporting a CLO. The proceeds of these loans are typically used by non-investment grade borrowers to support

What Is a Collateralized Loan Obligation? A collateralized loan obligation (CLO) is a portfolio of predominantly senior secured loans that is securitized and actively managed. Each CLO issues a series of floating