When it comes to earning income in the late stages of a credit cycle without taking on excessive risk, the authors of today’s article acknowledge that it’s no easy feat. As such, they proceed to highlight one income strategy that can be helpful during the later stages of a cycle: a credit barbell strategy. This strategy, they note, “has produced superior returns in such circumstances. In others, it has delivered downside protection.” For what exactly a credit barbell strategy entails, CLICK HERE.