Bloomberg Businessweek cover image

Wall Street Rethinking Its Gloomy Outlook for Stocks

Bloomberg Businessweek

00:00

Introduction

Dan Coel is principal and portfolio manager at Eagle Point Credit Management. He's on Zoom from Greenwich to talk to us about the leverage loan space. Dan: We are seeing kind of a turn in the arbitrage mainly because we've seen loan prices fall by a bit with all this debt ceiling kind of drama, while CLO liabilities have actually held in.

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