Eric Balchunas(@EricBalchunas):Wrote about CLO ETFs today and why their immunity to rising rates (which is wreaking havoc on 85% of bond ETFs) is likely going to increase their juggernaut growth. The trade-off is that as rates rise, borrowers behind these loans face higher funding costs, which could increase their credit risk. For now tho, the US economy remains relatively firm, and JAAA holds the highest-quality CLO tranches. Here's $JAAA vs 10yr yield vs $AGG. Full note incl tale of the tape of the CLO ETFs on BI ETF<GO>

Eric Balchunas

@EricBalchunas

Global Head of ETF Research for @Bloomberg. Dad. Rutgers. GenX. Co-host of Trillions & ETF IQ. Author of "Bogle Effect" "Both Sides of the Coin" & "ETF Toolbox"

가입 May 2010

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Eric Balchunas@EricBalchunas

2026.10.08 11:52

Wrote about CLO ETFs today and why their immunity to rising rates (which is wreaking havoc on 85% of bond ETFs) is likely going to increase their juggernaut growth. The trade-off is that as rates rise, borrowers behind these loans face higher funding costs, which could increase their credit risk. For now tho, the US economy remains relatively firm, and JAAA holds the highest-quality CLO tranches. Here's $JAAA vs 10yr yield vs $AGG. Full note incl tale of the tape of the CLO ETFs on BI ETF