Bargain Prices On Credit Assets: The 'BDC Flu' Hits FSK, BBDC And NCDL

2025-10-08 11:20:34 ET

Bargain Prices on BDCs and Other Credit

Whenever our economic outlook is uncertain, whether (1) because of potential downturns, recessions, or even worse outcomes, or (2) because interest rate directional movements are uncertain (or because they're not uncertain and "the market" doesn't like the direction it thinks they're moving in), or (3) because of other factors (political, tariff and trade, etc.) that are destabilizing, one thing we can be sure of: There will be a slew of articles and analysis of various kinds pointing out the dangers and downside....

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