JANUARY: The energy sector started off 2020 with a volatile January | Crude prices fell 15.6%, their worst month since May 2019 | The Wuhan coronavirus roiled commodity markets in January. Impacts on demand have already been significant
JANUARY: January was a mixed month for leveraged credit | HY Bonds ended January flat while Senior Secured Loans returned 0.56% | The duration-sensitive Barclays Agg rallied as rates fell over 40 bps over the course of the month.
DECEMBER: December was a strong month for leveraged credit, with HY Bonds and Senior Secured Loans posting returns of 2.09% and 1.60%, respectively | The duration-sensitive Barclays Agg ended down slightly on the month
NOVEMBER: Leveraged credit rose in November, with loans outperforming HY Bonds | The duration-sensitive Barclays Agg was unable to recover from an early-month rate spike, ending down slightly on the month