Treasury Yields

A diverse group of workers and analysts braces an industrial platform holding a clinic, factory, technology workshop and logistics depot as monumental geometric terrain tilts around them.

BDC Weekly

BDC Weekly: The Bond Market Is Charging Rent Again

Higher yields can support BDC loan income and damage the borrowers paying it. The clocks do not move at the same speed.

A monumental causeway climbs toward a high plateau while a teal maintenance gantry braces its stressed joints, representing liquidity support that cannot remove high-rate pressure.

BDC Weekly

BDC Weekly: Treasury Buybacks Do Not Make Long Rates Harmless

Treasury moved to support long-end market liquidity, but the BDC lesson is not that rates are falling. Funding costs and borrower pressure still matter.