It’s not just the cost of Thanksgiving turkey that increased in 2022. The U.S. leveraged loan market for the majority of 2022 has been shaped by three increases: (A) increased volatility, (B) increased borrowing costs and (C) increased risk-aversion. In this alert, we’ll dive deeper into the impact each of these has had on the U.S. leveraged loan market in 2022 so far, and provide an outlook for the coming year. Read the alert here.