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CLOs Look Sturdy Even as Junk Defaults Rise

A recent surge in bankruptcies and defaults by high-yield issuers is unnerving some fixed income investors. Bond investors, particularly those seeking elevated levels of income, are rightfully jittery. Still, there are some potential refuges in the high-yield landscape. Those include collateralized loan obligations (CLOs), which are accessible via a small number of dedicated exchange traded [...] The post CLOs Look Sturdy Even as Junk Defaults Rise appeared first on ETF Trends .
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