FYI: Thanks to the Federal Reserve, the riskiest and largest part of the investment-grade bond market is about to grow even bigger.
The Fed doubled down Wednesday on its shift away from raising rates, sending benchmark yields to the lowest levels in more than a year. And that's going to force investors into the riskier corners of the markets as they hunt for better returns, according to analysts.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/biggest-part-corporate-bond-market-bigger/
