HYG - Barclays spotlights HYG as a potential hedge against a hawkish central bank
2024-04-03 08:37:53 ET
Barclays equity research team argued that investors can look towards the iShares iBoxx $ High Yield Corporate Bond ETF ( NYSEARCA: HYG ) as a potential hedge against hawkish central bank moves. The financial institution went on to spotlight that the recent positive economic news and the rally in crude oil emphasizes a renewed risk of hawkish negative surprises from central banks....
Barclays spotlights HYG as a potential hedge against a hawkish central bank