Tuesday, September 24, 2013

Corporate Bond Market Selling Off With Treasury Market


Above is a chart of the short (SHY, VCSH), intermediate (VCIT, IEF) and long term (VCLT, TLT) bond ETFs for both the corporate and treasury market.  As the treasury market has sold off, the corresponding corporate bond ETF has sold off as well.


Above is a chart of the short, intermediate and long term corporate bond market yield from the FRED system, which shows the same situation.