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The Fed’s cannonball into bond markets drove $1 billion into the world’s biggest credit ETF in a single day

The Fed’s cannonball into bond markets drove $1 billion into the world’s biggest credit ETF in a single day

The Fed’s cannonball into bond markets drove $1 billion into the world’s biggest credit ETF in a single day

Reuters
Investors chased newly optimistic corporate credit bets on Monday after the Federal Reserve announced plans to buy up bonds and credit exchange-traded funds.
The iShares iBoxx $ Investment Grade Corporate Bond ETF took in $1.06 billion as traders lo…
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