Corporate bonds remain viable despite Fed rate hikes

Corporate bonds are likely to remain a sound investment despite the Federal Reserve's interest rate increases, according to market analysts. A resilient economy and reduced borrowing by technology companies are expected to provide underlying support to the corporate debt sector.

The reduction in bond issuance from tech firms, which had been heavy borrowers, could ease pressure on debt markets. Combined with steady economic fundamentals, these factors suggest corporate bonds may weather the higher rate environment.