Why Junk Bond ETFs Could See Trouble in Rising Rate Environment

Fixed-income investors are returning to junk bond exchange traded funds after the energy-default scenario never panned out. However, speculative-grade debt traders should be wary of a potential interest rate hike ahead. Year-to-date, the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK) gained 3.5%...