More Bond Managers Turning to Loans

Freed, Dan
March 2006
Investment Dealers' Digest;3/6/2006, Vol. 72 Issue 9, p11
Trade Publication
The article reports that more bond managers in the U.S. are turning to loans. There is a trend toward leveraged loans. Finance companies are setting up collateralized loan obligations (CLO) to take advantage of the trend. Bonds are more volatile than CLO and loans have higher yield than bonds even during ther worst year.


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