The Mad Rush Into Leveraged Loans Just Had Biggest Week Yet
- The $2.29 billion inflow breaks a record set merely weeks ago
- Previous rate hike periods have seen huge inflows into loans
This article is for subscribers only.
Investors piled into U.S. leveraged loan funds in a dash to seek protection from increasingly anticipated interest rate hikes to combat heated inflation.
Loan funds attracted $2.29 billion of cash the week ended Feb. 9, according to data from Refinitiv’s Lipper, narrowly topping the previous record of $2.25 billion set a few weeks ago and marking the fifth-straight week of billion dollar-plus inflows.