CLO Credit Risk Could Be Worth the Gambit
April 01, 2024 at 08:00 AM EDT
In the world of collateralized loan obligations (CLOs), market participants tend to favor the highest-rated issues, often sticking to CLOs with AAA grades. That’s prudent. It’s also an excellent way to dramatically reduce credit risk and volatility. Indeed, the bulk of the CLO market carries high investment-grade ratings. But there are credit opportunities to be [...] The post CLO Credit Risk Could Be Worth the Gambit appeared first on ETF Trends .