Yields may be down from last year's highs, but there is still plenty for income investors to like about investment-grade corporate bonds, according to UBS. The effective yield on the ICE BofA U.S. Corporate Bond Index , which tracks the performance of U.S. dollar-denominated investment-grade corporate debt, is currently hovering around 5.5%. Last October, it was 6.4%. Bond yields move inversely to prices.
2% from 3.65% in 2022, McAlinden said. "This equates to an income return for IG of about 35bps per month, compared to 22bps for Treasur, with a market weighted coupon of 2.7%," he said, referring to basis points, or one one-hundredth of a percentage point . Spreads over Treasurys are also likely to stay resilient, McAlinden believes.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: