For instance, a rising price ratio for iShares 7 - 10 Year Treasury (IEF): iShares iBoxx High Yield Corporate Bond (HYG) is indicative of a preference for risk - off
investment grade credit over speculative higher yielding credit.
Not exact matches
Illiquid or non-core
credit that offers a yield pickup
over traditional
investment grade credit due to illiquidity,
credit worthiness or complexity
We prefer an up - in - quality stance in
credit, favoring
investment grade over high yield.
For investors willing to accept an incrementally higher level of
credit risk with a portfolio of one - to three - year
investment -
grade bonds, CSJ offers a yield advantage of 56 basis points
over SHY.
With a CPDO, you leverage up a basket of
investment grade credits, in an effort to earn a certain amount
over the life of the CPDO.
And
over the past five years, MBS offered a higher Sharpe ratio, a measure of risk - adjusted returns, than both Treasuries and
investment grade credit.
For example, the average annualized asset - weighted returns for
investment -
grade long - term bond funds were 3 percent versus 5.7 percent for the Barclays Capital U.S. Long Government /
Credit Index
over five years.