PGIM’s Edwin Wilches on CLOs’ Moment

Treasury yields haven’t been this tasty in decades. That said, collateralized debt obligations (CLOs) are offering yields higher than 6%. Those yields are largely the result of a higher federal funds target rate and resilient consumer spending. VettaFi contributor Dan Mika spoke with Edwin Wilches, co-head of securitized products at PGIM Fixed Income and portfolio [...] The post PGIM’s Edwin Wilches on CLOs’ Moment appeared first on ETF Trends .