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Cash Floods Into Blue-Chip Bond ETF as Market's Yield-Hunt Builds

  • LQD’s $2.4 billion influx erased the fund’s 2022 outflows
  • Corporate bonds seen as ‘less risky’ than equities: Moneta
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Corporate bonds are in high demand among investors in exchange-traded funds amid the back-and-forth lurch in equity markets.

The $36 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (ticker LQD) has seen 10 straight days of inflows totaling roughly $2.4 billion dollars, according to Bloomberg data. As a result, LQD is now sitting on net inflows of $2.2 billion for 2022.