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How Floating Rate Notes Act as Cushions When Rates Rise

VanEck of VanEck
How Floating Rate Notes Act as Cushions When Rates Rise

This is all investment grade, a very important concept to talk about when you think about floating rate because one of the most popular investment vehicles in recent times has been bank loans or levered loans. One of the main differences from the fixed rate market is the types of issuers though.