Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...

Home buyers typically choose between a fixed-rate or adjustable-rate mortgage to fund their purchase. But investors generally forgo the same decision when deciding what sort of debt to hold in their ...

Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...