iShares 1-3 Year Credit Bond

Investors seeking exposure to investment grade or high yield corporate debt have increasingly been using fixed income ETFs.

Gross has suggested some short-term duration investment products since he believes economic growth may not reach the level of investor expectation.

The corporate bond market is divided into two broad categories: the high grade market and the high yield market.

Investment-grade corporate bonds (LQD) carry inferior yields compared to high yield bonds (JNK) with the same maturity date.

While Russ would be wary of seeking income at all costs and ignoring valuations, there’s one “bond-like” equity market segment that he believes is worth pursuing: International and global dividend stocks.

Westpac Banking Corporation (WBK) issued Aa2/AA- rated high-grade bonds worth $5.0 billion via five parts on August 11, 2016.

Microsoft (MSFT) issued Aaa/AAA rated high-grade bonds worth $19.8 billion through seven parts on August 1, 2016.

Commonwealth Edison Company is a unit of Exelon Corporation (EXC). It issued A2/A- rated high-grade bonds worth $1.2 billion through two parts on June 20.

Yankee bond issuers dominated the primary high grade bond market in the week ended June 10, making up 30.3%, or $10.2 billion, of all issues.

Following the release of the FOMC minutes, investment-grade bond (FMEQX) (CSJ) (BND) yields jumped 10 basis points from the previous day and ended at 3.18% on May 18, 2016.

Abbvie (ABBV) is a global biopharmaceutical company. It issued Baa2/A- rated high-grade bonds worth $7.8 billion through five parts on May 9.

Emerging markets dominated the primary market for high-grade bonds in the week ending April 29, making up 47.4%, or $12.8 billion, of all issues.

Short-term bonds can potentially offer stability to a portfolio given today’s historically low yields and impending rate hikes.