Discussing what is leveraged finance, fund managers note sector rotation. Financials gained 6% over two months, spurring leveraged recap deals for banks expanding fintech portfolios. Bond desk analytics show BB-rated paper holding steady despite rate pressures. Automation removes the natural temptation to spend money in the present rather than setting it aside for retirement, etcetera. And, because of compound interest, saving and investing as early as possible and as much as possible is key to building wealth . Here's the latest on what our EMEA and NYC offices have seen in their markets: For portfolio managers, what is leveraged finance is tied to spread dynamics. High-yield spreads narrowed 25bps in May as investor demand surged. This tightening suggests markets price in lower default risks over the next six months, aided by steady corporate earnings.