|Bid||0.00 x 1100|
|Ask||0.00 x 3100|
|Day's Range||60.53 - 60.68|
|52 Week Range||49.15 - 62.29|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||6.37%|
|Beta (5Y Monthly)||1.44|
|Expense Ratio (net)||0.06%|
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 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.