IGSB News and Press, iShares Short-Term Corporate Bond ETF From 01/05/23

Summary iShares Morningstar Multi-Asset Income ETF is a multi-asset income exchange-traded fund. IYLD is a fund of funds, with about 60% in bond ETFs  and 40% in equity ETFs. It has lagged 3 other multi-asset income ETFs since 2015. Since inception, IYLD share price is down...

Summary Despite its "best-in-class" allocation, the iShares Short-Term Corporate Bond ETF is facing an uphill battle as short-term corporate bond premiums remain adrift. It's unlikely that investors will opt for corporate bonds until monetary policies, inflation, the FX market, and cred...

Summary Yes to Value, No to Growth. When rates/yields are rising, the present value of future cash flows is decreasing. Big No to Big Tech. Tech stocks are among those that enjoyed the most out of the "free money" monetary policy. (High-Grade) Bonds > Stocks. A bird in the Credit...

Summary We've witnessed such a quick and sharp correction in the stock market that the S&P 500 nearly moved from bear-market to bull-market in a matter of weeks. Nonetheless, there are still plenty of signs suggesting that this rapid move isn't going to last much longer, therefore w...

Summary During the Refinitiv Lipper fund flows week ended November 9, 2022, investors were net redeemers of fund and ETF assets, withdrawing a net $23.4 billion. International equity ETFs attracted $2.5 billion last week, benefitting from investors’ growing interest in comm...

Summary The U.S. equity and bond markets remained volatile during the fund-flows week as investors awaited the October employment figures, midterm election results, and the October consumer price index report due out later in the week. U.S. stocks closed higher on Friday, November...

Summary The pain in bond-land is palpable. The IGSB ETF is now more oversold than either the 2008 or 2020 lows. The 10-year Treasury yield closed at 4.12% today, despite Powell’s rhetoric from last night. In this post from Tuesday night, the relative attra...

Summary This year’s sharp rise in treasury yields creates an attractive opportunity in short-term bonds heading into 2023 as the Fed slows the pace of rate hikes. We favor transitioning from floating-rate notes to fixed-rate notes going into 2023 now that interest rates hav...

Summary IGSB bonds are trading with a bit of a premium rate relative to other bonds in the risk class. This might be because of a degree of duration risk associated with the IGSB portfolio. While the Fed will clearly raise rates to some degree, as they go higher, it's beginnin...

Summary In addition to the Fed Funds rate increasing, longer-term rates have increased as the market anticipates the path of future rate hikes. Interest rate increases can have a significant impact on bond investments, since bond prices fall when interest rates rise. However, ...