How is IGLB doing right now?
In plain terms: IGLB is 13.6% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
As of the latest market close, iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) is trading in a moderate correction, 13.6% below its all-time high at $50.06. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
