The loan market was relatively flat in November as a result of rising loan supply as well as concerns surrounding the fiscal cliff. Still,  S&P/LSTA Index managed to post a gain of 0.3% during the month on the back of interest accruals. Over the first 11 months of the year, loan returns were 8.8% compared to just 1.1% during the same period in 2011 when S&P Rating’s downgrade of America’s credit rating roiled the capital markets.
The loan market was relatively flat in November as a result of rising loan supply as well as concerns surrounding the fiscal cliff. Still,  S&P/LSTA Index managed to post a gain of 0.3% during the month on the back of interest accruals. Over the first 11 months of the year, loan returns were 8.8% compared to just 1.1% during the same period in 2011 when S&P Rating’s downgrade of America’s credit rating roiled the capital markets.
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