Our quarterly asset class review and investment commentary.
Babson Capital PMs Mike Freno and Zak Summerscale discuss the current state of the global floating rate loan market.
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One of the most successful responses to the financial crisis is the coordinated approach by which major developed market central banks unleashed the power of their balance sheets. Yet, despite the synchronized approach by these central banks, the pace of economic recovery in developed markets has been uneven. Recent monetary policy seems to be heading in the opposite direction, especially between the Fed and the ECB.
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