The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors.
Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment Grade Corporate Bond ETF LQD. Conversely, lower-rated companies boasting higher yields showed modestly positive performance, as indicated by the iShares iBoxx $ High Yield Corporate Bond ETF HYG.
Also Read: Top 10 US High-Yield Corporate Bonds With Returns Over 20% In April 2024
Below is a list of U.S. corporate bonds that have exhibited the strongest performance in the last three months.
10) Macy’s Retail Holdings LLC 4.3% 12/43
- Issuer: Macy’s Inc. M
- ISIN: US55616XAJ63
- Last price: $82.08
- Yield to maturity (%): 5.9712
- Maturity: 15/02/2043
- Minimum investment amount:…
