Investors are as Comfortable with Corporate Debt ETFs as Treasuries
June 27, 2014 at 08:00 AM EDT
Investors have piled into high-quality, investment-grade corporate bonds and related exchange traded funds, pushing down yield spreads on corporate debt to less than one percentage point from benchmark Treasuries. According to Barclays data, debt from U.S. investment-grade companies now yield 0.97...