US CLO triple C buckets will increase by up to 0.7% in August: BofA

US CLO triple-C baskets are expected to fill up by as much as 0.7% in August trustee reports, according to strategists at Bank of America, with the pace of triple C downgrades picking up in July to reverse an 18-month trend of stable or declining triple C concentrations

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TAGS: Research CLO BofA North America