RISE - Junk And Long-Term Corporates Top 2019's U.S. Bond Market Rally
With the Federal Reserve's rate-hike plans on hold for the foreseeable future, US fixed-income markets continue to rally. Leading the across-the-board gains for bonds this year by wide margins: high-yield securities and long-term corporates, based on a set of exchange-traded funds through yesterday's close (Apr. 10).
SPDR Bloomberg Barclays High Yield Bond (JNK) is the bond market's top year-to-date performer with a strong 9.0% total return. Using recent history as a guide, the ETF's bull run this year remains red hot: the fund rose nearly 0.4% yesterday, closing at a record high (after adjusting prices