@petunia8110 Apart from the run up and beginning of the Ukraine war NG is almost exclusively priced off how cold it is in New England where the bulk of home heating is gas. It's been several warmer (and wetter) winters leading to decreased demand. Add in the additional green energy flooding the...
@crazytimesman this. people hear CLO and they get terrified, i would only add almost all the UK pension CLO selling was AAA rated CLOs, and even less liquid market controlled by like 8 players.