Nuveen ESG High Yield Corporate Bond ETF (NUHY)

Guggenheim Investments provides its outlook on high yield corporate bonds and leveraged loans, noting that while the Fed's rate cuts are generally positive for leveraged credit, the benefits may be muted in the high yield bond market due to the refinancing burden.

Despite a slow start to the year for bonds, fixed income still provides much more yield today than it has in years and will likely get a long-awaited boost when rate cuts eventually come.