Yield Hunting Newsletter | February 2021 Commentary And Sheets

Summary

• The markets were on track for their fourth winning month in a row and eight of the last nine until the last week. The VIX is up substantially as well.

• While January was a decent month for discount tightening it was less than what I expected.  A lot of externals likely weighed on sentiment and prevented further tightening.

• CEF valuations remains "ok…