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Which CEF NAVs Have Bucked The Trend

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Yield Hunting
Jan 19, 2022
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Summary

  • Interest rates have risen sharply since the start of the year causing some pain in the markets and a significant rise in the VIX.

  • With the VIX up sharply, we risk seeing discounts widen from here given how tight they are.

  • But with interest rates rising across the curve, discounts are likely to rise substantially as retail investors get scared and r…

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