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2023 Top 500 ranking: 39

Don’t Bank on Bank Loans in 2023

Don’t Bank on Bank Loans in 2023

As bond yields rose in 2022, investors sought refuge in high-yield bank loans, whose floating coupons are often heralded as an antidote to rising rates. But with conditions shaping up differently in 2023, bank loans may face challenges. We think income-seeking investors should instead consider a more diversified approach that ...

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