ETF Trends | February 11, 2019
ETF Trends' Tom Lydon says that certain economic data points, including the rise in employer hiring and strong trends in U.S. manufacturing, support upside for corporate bonds in 2019. He cites Bloomberg, who states that demand has “surged” for U.S. corporate bonds due to steadying interest rates by the Federal Reserve. Lydon features SPXB, “the first ETF dedicated to corporate bonds issued by the S&P 500 member firms,” among corporate bond ETF strategies participating in the rally. See SPXB performance, index, and holdings information.
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