US35473P4880 - ETF
Things were looking pretty bleak back in March for bond exchange-traded funds. The Covid-19 selloff created a liquidity crunch that drove their prices to trade at deep discounts to the value of the underlying assets. Skeptics questioned whether these products could ever be trusted again.
Moody's Investors Service affirms the government of the U.S.'s Aaa long-term-issuer rating and senior unsecured ratings, the highest level on the ratings firm's scale.The rating is supported by the U.