Our $1 trillion in fixed-income ETFs will double in the next 5 years, says iShares America chief $AGG $LQD $HYG (via ETFEdgeCNBC)
, ticker HYG, both of which have been popular among investors in their monthslong hunt for yield.
"The AGG index is providing you a negative real-rate after-tax return," he said in the same "ETF Edge" interview. "Year to date, it's up, ... but right now, given where yields are, I think it's a terrible risk-reward."keeps interest rates low, thus "pushing people up the risk curve," Davi recommended against rotating into high-yield credit funds that could bite investors later on.
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