Discover junk bonds, fallen angel bonds, and treasury ETFs as investment options amid market volatility for diversification ...

In the past, when US equity indices were at all-time highs and high-yield option-adjusted spreads were close to all-time tights, distressed players had little to do. But it may be different this time.

We view 6% coupon as the most attractive sector for its relatively short duration, high carry, and wide option-adjusted spread (OAS). We also prefer Ginnie Mae to conventional MBS based on our ...