Middle Market Debt Weekly: Markets Hit Records as Iran Tenuous Ceasefire Ignites Relief Rally; Inflation and BDC Pressures Persist
A week that began with a naval blockade ended with equity indexes at record highs, underscoring just how rapidly macro risk is repricing as the two-week U.S.–Iran ceasefire took hold and commercial traffic resumed through the Strait of Hormuz.1 The S&P 500 closed Friday at 7,126.06, gaining roughly 4.5% on the week...
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