New ETFs On The Block: Global-X Yieldco Index ETF (YLCO)

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After Investment guru Carl Icahn’s latest warning this week that all asset classes in the US are overvalued and equity markets are likely to witness a sharp pullback later this year once the rate-hike cycle gets underway, many analysts are suggesting relatively safer high-yield bonds in certain sectors that are largely immune to interest rates. If spreads narrow toward the …