LQD / LQD: Investment-Grade Bond ETF, Excessive Interest Rate Risk, Subpar 3.3% Yield

iShares iBoxx $ Investment Grade Corporate Bond ETF has declined over 28% since late 2021, offering an attractive yield near 6%. LQD has a portfolio o more_horizontal

In this article I'm upgrading the iShares iBoxx $ Investment Grade Corporate Bond ETF to a "buy" due to the potential for lower yields in 2024. The ri more_horizontal

Federal Reserve rate hikes have led to higher interest rates across fixed-income markets. The exact impact varies according to the sub-asset class. A more_horizontal

Last week, VettaFi hosted a virtual three-hour event, the Fixed Income Symposium, with nearly 1,400 registrants and approximately 750 live attendees. more_horizontal

Many investors look to investment-grade bonds for safe, reliable income. Investment-grade refers to a bond's credit quality. more_horizontal

Bond ETFs are poised to reach another milestone. They are currently just shy of $2 trillion in global assets under management ($1.993 trillion as of J more_horizontal

An ETF's spread is the difference between the price at which investors can buy the fund on the exchange and the price at which it can't be sold. For s more_horizontal

LQD is the largest, most well-known investment-grade corporate bond fund in the market. USIG is a smaller fund in the same industry niche. I believe i more_horizontal