Interest rates experienced a volatile first quarter that included the CBOE 10 Year Treasury Note Yield (INDEX: TNX) trading as low as 1.65 percent and as high as 2.25 percent.
Much of this bifurcated price action can be tied to economists and market watchers’ uncertainty over the timing of a Federal Reserve rate hike.
Nevertheless, this volatility did not stop ETF investors from pouring into corporate bonds at a breakneck pace over the last three months.
The two largest corporate bond ETFs – the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: LQD) and iShares iBoxx $ High Yield Corporate Bond ETF (NYSE: HYG) experienced over $4.8 billion in combined inflows since the beginning of the ...
/www.benzinga.com/trading-ideas/long-ideas/15/04/5376367/etf-investors-are-still-hungry-for-corporate-bonds alt=ETF Investors Are Still Hungry For Corporate Bonds>Full story available on Benzinga.com
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