FYI: Investment-grade corporate debt is getting drenched in the storm sweeping global interest-rate markets.
Europe’s biggest exchange-traded fund tracking high-grade U.S. corporate bonds fell Thursday to 2013 lows, before paring some of the decline. The iShares $ Corp Bond UCITS ETF tracks the same index as the benchmark $33.7 billion LQD fund listed in the U.S., with the latter this week also hitting multi-year lows.
Regards,
Ted
https://www.fa-mag.com/news/global-rate-rout-pushes-high-grade-bond-etf-to-2013-lows-41184.html?print
