Chart of the week: Lenders predict debt will become more expensive this year

With the likelihood of a recession, or at least an economic slowdown, growing, more lenders are predicting that debt across the capital structure will grow more expensive this year. A recent survey finds 68 percent of lenders predicting that spreads on senior debt will rise over the next year, while clear majorities predict the same for unitranche and subordinated debt.

chart of week lenders spreads rise