iShares iBoxx $ High Yield Corporate Bond ETF (HYG) represents the U.S. dollar-denominated high-yield liquid corporate bond market. With the rebounding bond market, it could be a solid investment for investors looking to secure their portfolios against potential stock market volatility.
Global bonds rebounded in November 2022, adding a record $2.80 trillion in market value. Amid favorable inflation data in October and November, the Fed is expected to slow down its rate hike aggression and has sent dovish signals.
