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home / news releases / XFLT - Don't Panic: Coronavirus Malls And Market Downside


XFLT - Don't Panic: Coronavirus Malls And Market Downside

Co-produced with author Beyond Saving

We saw a lot of red across the market in general on Friday. It's important to update on a few issues.

Coronavirus

Many are pointing to the coronavirus outbreak in China which has varying effects across the market, most of which are psychological. We have seen a drop in commodity prices as traders anticipate less demand from China. This negatively impacts our holdings primarily through oil.

Treasury rates have rallied, being considered the ultimate "safe-haven" asset. That's hardly surprising. However the rally is rather weak considering the response of the

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Stock Information

Company Name: XAI Octagon Floating Rate & Alternative Income Term Trust of Beneficial Interest
Stock Symbol: XFLT
Market: NYSE
Website: xainvestments.com

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