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home / news releases / IMCV - Higher Borrowing Costs Already Biting Hard


IMCV - Higher Borrowing Costs Already Biting Hard

  • Citing Fed Chair Powell’s recent inflation alarm, Goldman Sachs is predicting the U.S. central bank will hike policy rates half a percent at both its May and June meetings.
  • Even though the highest risk corporate bonds have so far fallen less than Treasuries, their yields (borrowing costs for the companies) jumped above 6% yesterday from 3.5% in January 2021.
  • With bank credit contracting for many months, public companies have relied on indiscriminate investor flows for financing.

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Higher Borrowing Costs Already Biting Hard
Stock Information

Company Name: iShares Morningstar Mid-Cap Value ETF
Stock Symbol: IMCV
Market: NASDAQ

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