The bank-loan market has supportive conditions for at least the next year, but near-term fundamental strength might not hold up against long-term outflows, says Western Asset's Michael Buchanan.
The risk of bank-loan defaults is muted at the same time investor demand for such products remains elevated, but this volatile asset class is not for near-term cash needs, says Fidelity's Eric Mollenhauer.
Stocks' ascent has prompted some investors to lighten up on equities, while others are taking a hands-off approach.
Babson Capital Global Short Duration High Yield Fund Announces July 2014 Monthly Distribution of $0.1677 per Share
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Summit Midstream Partners, LP Announces $300 Million Public Offering of Senior Notes