Even with the Federal Reserve not yet obliging bond investors with a 2025 interest rate cut, corporate bonds have been solid performers. Alone, that could be enough motivation for some investors to examine the asset class.
Corporate bonds and the related exchange traded funds have traded lower over the past month. Some market observers pinpoint culprits in the form of President-elect Trump's tariff talk, and the possibility that the incoming administration will employ economic policy that's inflationary.
Economic data indicates the U.S. economy is on solid footing. But the post-mortem on the 2024 presidential election tells a different story.