UNDERSTANDING EXCHANGE-TRADED BONDS

Author: Eric Uhlfelder

27 August 2018, Barron’s

Most investors have the impression the corporate bond market is a place where only savvy institutions can navigate. But hundreds of these sometimes attractively yielding securities trade on the New York Stock Exchange and the Nasdaq. They are as easy and as cheap to buy as stocks with unique call features that can help keep prices near par–and less volatile–as rates ease higher.



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