It’s Not Your Default: FLHY Remains Interesting Income Idea
July 22, 2022 at 09:30 AM EDT
The Federal Reserve’s interest rate tightening regime is crimping nearly every corner of the fixed income market, including high yield corporate debt. Making matters worse for junk bonds is increasing speculation regarding economic contraction. Some economists argue a recession is already setting in. Such sentiment can be a drag on exchange traded funds such as [...] The post It’s Not Your Default: FLHY Remains Interesting Income Idea appeared first on ETF Trends .