VCLT - LQD witnesses a record -$3.6 billion in outflows in the month of March

The investment communities largest credit exchange traded fund saw its worst outflow of funds in a given month. In the past month, March 2021, iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) saw -$3.6B in outflows, per Bloomberg.Over the past three months, LQD has been bleeding out funds almost on a week-to-week basis. LQD has seen a total of -$10.46B in outflows year-to-date. The closing date refers to March 30th, 2021. Below is a chart showing the flows of LQD.With the outlook of the United States economy gaining strength since the vaccine rollout is picking up steam, it has placed pressure on investment-grade corporate bonds.LQD is currently -5.85% YTD and is not the only investment-grade corporate bond ETF trading to the downside. Vanguard Long-Term Corporate Bond Index ETF (VCLT) is -8.84% YTD, and iShares Intermediate-Term Corporate Bond ETF (IGIB) is also -4.14% YTD.Aside from the bond market, investors can analyze how the equity market has

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LQD witnesses a record -$3.6 billion in outflows in the month of March