Why is investment grade corporate bond lower LQD YTD (-15.48%) vs high yield bond HYG (-14.03%)?
Wouldn't the increase in interest rates affect more high yield vs investment grade? The thesis being investment grade has better balance sheet etc…
Why is investment grade corporate bond lower LQD YTD (-15.48%) vs high yield bond HYG (-14.03%)?
Wouldn't the increase in interest rates affect more high yield vs investment grade? The thesis being investment grade has better balance sheet etc…
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