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BSJT - Q1 2022 Municipal Credit Commentary - Pandemic And Now War
Invesco BulletShares 2029 High Yield Corporate Bond ETF
Rating agencies reported that upgrades outpaced downgrades in 2021.
The decline in the stock market produced concern that pension funding may decline, and the rise in inflation may reduce benefits.
The shorter bonds can be sold to take advantage of large outflows from mutual funds, which could reduce prices because the funds must sell bonds to honor redemptions into a market selloff.