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This hot high-yielding asset could cool off as interest rates come down

Investors have been flocking to ETFs holding collateralized loan obligations, but the prospect of Fed rate cuts could dampen the funds' appeal.

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Aug 21, 2024 - 05:00
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This hot high-yielding asset could cool off as interest rates come down
Investors have been flocking to ETFs holding collateralized loan obligations, but the prospect of Fed rate cuts could dampen the funds' appeal.
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