"Bond fund / ETF flows tend to follow returns with about a month lag.
The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is the top bond ETF by inflows with more than $4.5 billion month to date, according to FactSet.
Another notable fund is the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) , which has brought in more than $2 billion.
"People have definitely been allocating to investment grade.
How fixed income investors react to expected rate cuts from the Federal Reserve is a key question in 2024.
Persons:
Yuri Seliger, Bond, Seliger, Stephen Laipply, Laipply
Organizations:
Bank of, Corporate, Federal
Locations:
LQD, BlackRock