While corporate bond yields have moved down off their highs, investors will still be able to snap up some juicy income next year, experts believe.
USIG YTD mountain The iShares Broad USD Investment Grade Corporate Bond ETF tracks the ICE BofA U.S. Corporate Index.
However, for income investors not just focusing on the next 12 months, investment-grade corporate bonds look very attractive, he said.
WINC YTD mountain Western Asset Short Duration Inc ETF In fact, he thinks 2024 will provide a unique opportunity for corporate bond investors.
He also doesn't think corporate bonds are particularly attractive on a total return performance thanks to their recent run higher.
Persons:
Goldman, Lindsay Rosner, Collin Martin, Charles Schwab, Martin, Martin doesn't, Fitch, Kurt Halvorson, Halvorson, you'll, Michael Kessler, Kessler, Schwab's Martin
Organizations:
Federal Reserve, ICE, Corporate, . Investment, Goldman, CNBC, Western Asset, Albion Financial, Investors
Locations:
Goldman Sachs