Biggest Credit ETF Sees Shorts Soar
- LQD’s bearish bets jump as inflation fears rattle bonds
- LQD has bled $11.3 billion this year after banner 2020
This article is for subscribers only.
ETF traders are increasingly wary of the corporate bond market as inflation anxiety boils over.
Short interest in the $41 billion iShares iBoxx $ Investment Grade Corporate Bond exchange-traded fund (ticker LQD) is now 21.5% of shares outstanding, the highest on record, according to data from IHS Markit Ltd.