CNBC: "Investors searching for yield should opt for this part of the bond market, market analyst says"

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CNBC: "Investors searching for yield should opt for this part of the bond market, market analyst says"

Excerpt from CNBC quoting DataTrek’s Nick Colas:

…. “Follow the Fed.

In short, that is DataTrek Research co-founder Nick Colas’s advice for investors looking to add to the inflows in bond-based exchange-traded funds.

The Federal Reserve surprised investors with its recent decision to support the corporate bond market by buying some of its investment-grade assets and the exchange-traded funds that hold them.

Unsurprisingly, that unprecedented move should bode well for buyers of corporate bond ETFs, Colas said Monday on CNBC’s “ETF Edge”….

Watch Nick here on CNBC!