This article was originally published on ETFTrends.com.
One of the hottest areas of the fixed income space this year is floating rate notes (FRNs), a theme benefiting exchange traded funds such as the iShares Floating Rate Bond ETF (CBOE: FLOT). Floating rate notes, like the name suggests, have a floating interest rate. Specifically, the notes’ have a so-called reset period with interest […]
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