HIO: Junk Bond Focus Better Than Floaters For Rate Cuts
Western Asset High Income Opportunity Fund boasts a 10.52% yield but faces risks. Learn why HIO's recent NAV drop makes it a ...
Private Credit Has Seen Explosive Growth. The Risks Are Unseen—for Now.
Riskier borrowers have migrated from the public credit market to the $2.5 trillion private market. If trouble hits the public ...
Junk bond ETFs fall Friday, on pace for back-to-back losses
Junk bonds were under pressure on Friday, as investors appeared to have a risk-off mentality in morning trade that dented gains booked earlier this week on the back of the Federal Reserve’s policy ...