Corporate Credit: IGSB, LQD, And HYG In Focus

I favor iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) over HYG and IGSB for current market conditions. The return opportunity lies in interest rate duration exposure, not pure credit spread, given current yield and spread dynamics. LQD offers a balanced risk-reward profile with a higher yield than IGSB and less tail risk than HYG.