US CLO Arbitrage

AAA tranches continue to lag the broader spread-compression trend. While top-tier BB tranches have tightened to around 430 DM, AAA levels, at 117 bps, remain wider than the 113 bps seen in February 2025. This has pushed the AAA–BB pricing differential to a new record tight of roughly 317 bps in the CLO 2.0 market.

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Tags:AAA–BB Pricing Differential Arbitrage

US CLO Arbitrage — Little Room to Breathe (Updated)

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US CLO Arbitrage — Little Room to Breathe (Updated)

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