You Can Add Record-Low Investment Grade Corporate Bond Yields To November’s Milestones

November scarcely needed another market milestone, having offered up a veritable cornucopia already, but I'll toss another one out there anyway. After a truly dramatic rally underwritten (literally) by the Fed, investment grade credit made history, as yields touched 1.82%. That tied a record-low set in August. During the panic in March, yields hit 4.58% at the peak. Following the Fed's historic intervention in corporate credit, borrowing costs collapsed and outflows turned to inflows in both i
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