Investment Grade Corporate Bond ETF Falls with Treasuries
March 15, 2012 at 08:21 AM EDT
The spike in Treasury yields this week has thumped bond exchange traded funds with longer durations, including the largest ETF for investment grade corporate debt. The iShares iBoxx InvesTop Investment Grade Corporate Bond Fund (NYSEArca: LQD) fell 1.2% on Wednesday to drop below its 50-day simple...
