The team runs a fairly pure high-yield portfolio. It can use default swap baskets as a placeholder for individual picks but doesn't use single-name credit default swaps. It doesn't buy stocks ...
Each manager makes independent decisions on its portion of portfolio assets, but both tend to focus their purchases on higher-quality bonds within the high-yield universe, which is evident in the ...
The Federal Reserve meet on December 17-18 to determine if they need to cut rates for a third time this year. They previously met in November, where they cut rates by 25 basis points, or 0.25%.
Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV ...
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