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CLO funds make best of a bad situation
1 year ago
It can’t get any worse can it? Well, it did in 2022, when credit spreads kept moving wider. Still, CLO funds were able to withstand the pressure, and they outperformed other credit strategies -
CLO prices drop under weight of massive secondary volumes while CDS rallies
2 years ago
CLO spreads have underperformed versus liquid credit instruments in the past week after a massive $2.3 billion of paper hit the secondary US CLO market. But that could create opportunities for investors.
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