From Forbes:

The investment-grade corporate bond market is looking better and better to our panel of industry observers, as returns compared to Treasuries remain wide and nice yields are there for the taking.

There is some risk of default here, but on the whole it remains low, provided you do some due diligence on the firms you choose to invest in. Or, you can save yourself the headache and invest in an exchange-traded fund that tracks this part of the investment market.

Gerard Klingman, head of Klingman & Associates, and a financial adviser for Raymond James, says he believes investment-grade corporates have among the most attractive risk-reward profiles in the marketplace. Investment-grade means the bonds have at least a Baa/BBB- rating from Moody's. Klingman sees such bonds paying 5% to 7%, for those within the five- to 10-year range. Currently 10-year Treasuries yield 3.5%, so this spread is historically high, he adds.

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