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Investors Turn to Senior Bank Loan ETFs Ahead of Potential Rate Hikes

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With more expecting the Federal Reserve to begin another round of interest rate hikes as soon as December, fixed-income investors are shifting into senior secured floating-rate bank loans and related exchange traded funds to hedge against rising rate risks. The PowerShares Senior Loan Portfolio (NYSEArca: BKLN), the largest senior loan-related ETF on the market, has [...]

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