Leveraged loan volume climbed to $114B in Q3 from $88B previously, the third highest Q3 figure...

|By:, SA News Editor

Leveraged loan volume climbed to $114B in Q3 from $88B previously, the third highest Q3 figure on record. For the first 9 months of the year, volume is about equal with 2011, but where 2011 slowed in Q4 amid financial jitters, issuance is set to soar this  year. Yields slid, spreads declined, and returns were great. What planet is the Fed living on?