Emerging Markets Watching Fed Decisions Closely

Corporate Bond ETFs Tick up Higher

Meanwhile, corporate bond ETFs like the iShares Intermediate Credit Bond ETF (NASDAQ: CIU) and Vanguard Interm-Term Corp Bd ETF (NASDAQ: VCIT) ticked up higher. CIU was up 0.17% and VCIT was up 0.02%.

CIU tracks the investment results of the Bloomberg Barclays U.S. Intermediate Credit Bond Index. CIU focuses on investment-grade corporate debt and sovereign, supranational, local authority and non-U.S. agency bonds that are U.S. dollar-denominated and have a remaining maturity of greater than one year and less than or equal to ten years.

VCIT seeks to track the performance of a market-weighted corporate bond index with an intermediate-term dollar-weighted average maturity, namely the Bloomberg Barclays U.S. 5-10 Year Corporate Bond Index. While VCIT holds debt issues with maturities between 5 and 10 years, they are all investment-grade holdings to minimize default risk.

For more investment trends in fixed income, click here.