Bargain Hunters Snatch Up High-Yield Bonds, ETFs
October 17, 2014 at 09:00 AM EDT
The risk-off-induced selling tripped up junk bonds in the fixed-income space, but now, high-yield debt exchange traded funds are attracting some bottom fishers. Since the early Wednesday low, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) gained 1.7% and the SPDR Barclays High...