HYG

JPIE: Low-Volatility Debt ETF Beating Benchmarks But Lagging Peers

JPMorgan Income ETF is an actively managed debt fund with 1428 holdings, a 6.5% yield, and a 0.39% expense ratio. The portfolio turnover rate is 162% for the most recent fiscal year. The risk profile of JPIE is on the safer side, which translates into low volatility relative to bond benchmarks. JPIE has performed well compared to benchmarks but has lagged behind some competitors. JPMorgan Income ETF: Low-Volatility Debt ETF Beating Benchmarks But Lagging Peers.

Vanguard spotlights opportunities in the bond market as rates are expected to decline

Vanguard spotlights opportunities in the bond market as rates are expected to decline. Inflation has cooled to levels that would allow for the Federal Reserve to start cutting rates in 2024. The shorter end of the U.S. 2 Year Treasury yield has fallen 5 basis points to 4.37%.

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months on Thursday. The inverted yield curve between the U.S. 2 Year Treasury yield and the 10 year Treasury yield reached its closest level to becoming unverted in nine months. The 2s10s curve continues to steepen and is now 14 basis points away from un- inverting. The inversion took hold in July 2022.

HYG, IWFG: Big ETF Outflows

Chart Of The Moment: Behind U.S. High Yield's Impressive Resilience

Home Investing Strategy Fixed Income Analysis Chart Of The Moment: Behind U.S. High Yield's Impressive Resilience. A look at performance shows high yield often has a resilience and risk-adjusted return potential all its own. In the opening weeks of the third quarter of 2024, the Russell 2000 has made up more than half of its underperformance.

Wolfe Research suggests the 2s/10s yield curve wants to breakout

Wolfe Research suggests the 2s/10s yield curve wants to breakout. The inversion between the U.S. 2 Year Treasury yield and the US10 Year yield remains inverted but looks like it "wants to breakout (steepen)" At the moment, the inversion sits at -26 basis points and is close to being un-inverted.

CRE Gets Strangled, Corporate Bankruptcies Highest Since 2010, But Junk Bonds And Broad Financial Conditions In La-La-Land

Weekly Report: what happened at HYG last week (0715-0719)?