Despite huge Actavis bond sale, outflows from ETFs signal some investors are hoarding cash until rates start to rise.

Despite huge Actavis bond sale, outflows from ETFs signal some investors are hoarding cash until rates start to rise.

Regardless of when the Fed raises rates, demand for U.S. Treasuries is likely to stay strong.

Regardless of when the Fed raises rates, demand for U.S. Treasuries is likely to stay strong.

Bonds of companies that recently dropped from investment-grade to high-yield have been outperforming the corporate-bond market overall.

Bonds of companies that recently dropped from investment-grade to high-yield have been outperforming the corporate-bond market overall.

Enthusiasm has waned for investment-grade corporate debt with maturity of five to 10 years.

Enthusiasm has waned for investment-grade corporate debt with maturity of five to 10 years.