Citibank Index shows loan market upturn.

NEW YORK -- The floating rate U.S. corporate loan market registered healthy returns during the second quarter, while the fixed income markets suffered another setback, as interest rates moved sharply higher, the Citibank Loan Index shows.

Overall, the index returned 1.83% during the second quarter. The year-tu-date, annualized total return for the U.S. corporate loan market, according to the index is 7.06%.

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