Challenges Linger in Corporate Bond Market
August 04, 2023 at 08:01 AM EDT
Not surprisingly, the Federal Reserve recently raised interest rates by another 25 basis points, taking borrowing costs to two-decade highs. Even with what appears to be an interest rate-induced headwind, corporate bonds are performing admirably this year. Broader gauges of both investment-grade and junk corporate debt are higher year-to-date. With five months left in the [...] The post Challenges Linger in Corporate Bond Market appeared first on ETF Trends .