designer491 Introduction The bond market had a brutal 2022, as the Federal Reserve aggressively hiked its rate to combat inflation. However, inflation appears to be sticky. What is the impact on the bond market and investment grade bonds? We will analyze SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA: SPLB ) and provide our recommendations. ETF Overview SPLB invests in long-term investment grade corporate bonds in the United States. The SPLB exchange-traded fund ("ETF") has not performed well in 2022 and is not expected to rebound in the near term. Looking forward to the second half of 2023, an economic recession may trigger a market selloff, and investment grade bonds would be impacted negatively. However, this is not the time to sell. Instead, we think investors should take advantage of the attractive yield and gradually accumulate SPLB shares even if it goes down even more. YCharts Fund Analysis 2022 was a challenging year for SPLB Whether you own investment grade or high yield bonds, whether you own government or corporate bonds, performances of these bonds were very poor in 2022. SPLB is not without exception. As can be seen from the chart below, the fund delivered a total loss […]