Be prepared with a strategy before investing in this market and be sure to mind the trendlines. Is it too late or too good to be true? These funds are above their 200-day moving averages, and you can’t fight the trend.
- SPDR Barclays Capital High Yield Bond (JNK) up 23.5% year-to-date
- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD): up 4.5% year-to-date
- iShares iBoxx $ High Yield Corporate Bond (HYG): up 17.7% year-to-date
For more stories about corporate bonds, visit our corporate bond category.
For full disclosure, Tom Lydon’s clients own shares of LQD.