Tuesday 19 December 2023

Even Bond ETFs are Rallying

 

I posted earlier this year about my interest in Investment Grade US$ Corporate Bonds because of their attractive 6%+ YTM. As part of my asset allocation strategy (eg: buy both equtiies and fixed income), I added to my LQDE holdings and also dipped my toes into ID28.

My only regret of course, is that I did not buy more. Prices of Bond ETFs have rallied and the current YTM for ID28 has plunged from 6.09% to 4.90%. I have no plans to add to my holdings at these yields so my fixed income will be solely T-bills for now.


Earlier Posts for reference:

BuyafterCrash: Trying iShares 2028 Term Bond ETF ID28

BuyafterCrash: Time to go for Corporate Bonds?

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