One of the largest bond ETFs, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) witnessed its tenth straight day of inflows totaling ~$2.4bn, as per Bloomberg data. This underscores the returning demand for corporate bonds.
The recent bout of inflows takes the YTD net inflows to $2.2bn and comes amid a 13% decline in the fund’s value so far this year.
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