This article was originally published on ETFTrends.com.
When it comes to high yield fixed income, investors can’t have their cake and eat it too. According to Scott Clemons, chief investment strategist at Brown Brothers Harriman, investors crave three things when it comes to fixed income assets: liquidity, stability and income–they can’t have all three. “In this kind of interest-rate environment,” said Clemons. [...]
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