Some bond funds beckon

Last week's NYSE Picks of the Week report included several fixed income funds. Included in the group were: iShares Investment Grade Corporate Bond Fund (NYSE:LQD), iShares Aggregate Bond Fund (NYSE:AGG), iShares 1-3 year Credit Bond Fund (NYSE:CSJ), iShares Government Credit Bond Fund (NYSE:GBF), iShares Inter-Government Credit Bond Fund (NYSE:GVI). The US Treasury market is in a precariously overbought position, with yields likely to rise in the current monetary and fiscal constellation launched by Washington. The spread on corporate yields have risen to attract investors in this tight credit market, so some of the funds that focus on these areas have attracted a yield-hungry crowd.