USIG News

With investors scrambling to find added yield on fixed-income investments, investment-grade corporate bond ETFs are luring more assets in today's low-yield environment. A name to consider in that group, particularly for cost-conscious investors, is the iShares Broad USD Investment Grade Corporate Bond ETF (USIG). Formerly the iShares U.S. Credit Bond ETF (CRED) , USIG now targets the ICE BofAML US Corporate Index and holds over 6,000 investment-grade corporate bonds, one of the largest rosters among funds in this category.

  • The Fed on Tuesday got into the ETF business, purchasing $305M worth in its first day of fund purchases.
  • The numbers came through in the Fed's weekly balance…

The Federal Reserve's plan to hoover up $750 billion in bond funds could have some serious long-term consquences.

Yahoo Finance’s Brian Cheung joins Seana Smith to discuss the Fed’s decision to begin buying corporate-bond ETFs, along with President Trump's tweet pushing the Fed to adopt negative interest rates.

  • "With a re-opening global economy we think U.S. investment-grade companies have built enough of a war chest," says Bank of America.
  • The team estimates U.S. IG companies have raised a whopping $350B since March vs. what's seen as a pandemic pan…