I am considering a short duration corporate bond ETF to get some interest on my money which is starting pile on on my zero interest account.
I am however concerned about the fact that we have had low interest rates for so long and they only way to go for them is up, slow, but certain. The classic argument for why bond go down while rates go up makes me hesitate.
Will a "short duration investment grade corp bond" necessarily drop in price given that the rates keep ticking up over the next 5 year?
And in this case buy how much? I have hard time wrapping my head around if such ETFs can be "overpriced" due to the past in the same way stocks might.
My goal is ultimatly just the get the coupons and hope for the ETF stay unchanged.