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Why Bank Loans Look Attractive in Today’s Market
Stephen Dover shares insights on investing in fixed income in a rising-rate environment with Walter Kilcullen, Head of US High Yield for Western Asset Management, and Reema Agarwal, Head of Floating Rate Debt for Franklin Templeton Fixed Income.
The technical and fundamental picture looks favourable for bank loans for a number of reasons, according to Reema Agarwal, Franklin Templeton Fixed Income’s Director of Floating Rate Debt. She says current spreads look attractive amid what is likely to be a period of monetary policy tightening over the course of the year, and periods of volatility should be considered buying opportunities.
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