Regulation
PBGC FAQ Speaks to Bond Qualifications for SFA Investing
SFA recipients must invest at least two-thirds of their grant in investment-grade fixed income assets.
Buying the bonds now is a good arb play amid talk of lower rates in 2024, the firm believes.
They don’t pay much interest, and future price appreciation is so not happening. Still, they have their uses.
Longtime CIO Tony Waskiewicz shares two ‘credit plays’ to consider during this volatile market.