April 29th, 2024, 7:13 PM GMT+0000
There is persistent demand for corporate bonds even as the Federal Reserve signals it will likely keep rates higher for longer. The average blue-chip corporate bond spread tightened 5 basis points last week, further underscoring the appetite for credit. BondBloxx Investment Management co-founder Joanna Gallegos speaks with Katie Greifeld, Scarlet Fu and Eric Balchunas about the firm’s CCC ETF (ticker: XCCC) and the state of credit. (Source: Bloomberg)
