2013 leverage loan volume second only to 2007

Leveraged loan volume of $4.25T in 2013 was 22% higher than the previous year and trails only 2007's $4.89T of issuance, according to Dealogic. Helping issuance was big demand for product from investors looking not just for yield, but for protection from higher rates - protection leveraged loans can theoretically provide thanks to being floating rate.

Senior loan mutual funds and ETFs have now recorded 81 consecutive weeks of inflows.

ETFs: BKLN (the ETF product of the year in 2013), SRLN, SNLN, FTSL

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