In prior posts, this author has recommended investing in investment grade corporate bonds as an alternative to, or at least in diverisfying away from, equity markets. The investment grade bond exchange traded fund (LQD) has since formed an uptrend, beginning roughly the same time as the recent jump in the stock market. However, while equity markets seem to have hit the ceiling around June 12, 2009, investment grade corporate bonds have continued their upward march and are close to a six-month high.
Investment Grade Corporate Bonds Holding Up Well
Posted by Gregg Killoren on July 13, 2009
In prior posts, this author has recommended investing in investment grade corporate bonds as an alternative to, or at least in diverisfying away from, equity markets. The investment grade bond exchange traded fund (LQD) has since formed an uptrend, beginning roughly the same time as the recent jump in the stock market. However, while equity markets seem to have hit the ceiling around June 12, 2009, investment grade corporate bonds have continued their upward march and are close to a six-month high.
[SOURCE: Bespoke Investment Group LLC]
This entry was posted on July 13, 2009 at 7:25 am and is filed under Investing, Market Commentary. Tagged: Corporate Bonds, Investing, Market Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.