What is going on with Corporate Bond ETF?

    Normally you would see a daily +0.0x% and then big drop at month end due to dividend payout.

    But JPST has been relatively flat for the past month.

    Meanwhile treasury ETFs like SGOV or SHV still look like normal cyclical movement. So that rules our fluctuation in interest rate for the cause.

    Are we anticipating default in corporate bond or something?

    JPST/Corporate Bond Abnormal Movement Lately
    byu/Dense_Sir_8748 ininvesting



    Posted by Dense_Sir_8748

    3 Comments

    1. interest rates up bonds down. Except for SGOV because it has almost no duration risk

    2. Daily-Trader-247 on

      JPST holds a lot of BBB so, Yes I would guess people are worried about defaults if we see a recession or slowing

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