
What The Hell Is Going On With The Largest IG Corporate Bond ETF?
Boy, I'll tell you what: you people are yanking money out of bond funds like there's no tomorrow.
Broadly speaking, the week through Valentine's Day saw the first simultaneous exodus from IG, HY, and EM bond funds since the election. Here's some context for the size of the cumulative outflow:
Just kind of skipping straight to what people are most concerned about/focused on (because not everyone is "concerned" per se), LQD (the largest IG corporate bond ETF) has witnessed a mass exodus.
&nbs