Europe Leveraged Loans Post Longest Price Drop Since 2009: Chart

Europe’s leveraged-loan market is in freefall, even as low interest rates cap borrowing costs and defaults. The slump instead reflects global concerns about commodity prices and emerging markets. An S&P index tracking prices on 95 billion euros ($106 billion) of loans fell for the 13th straight day on Wednesday, the longest run of declines since the global financial crisis.

Before it's here, it's on the Bloomberg Terminal.