Look Before You Leap Into High-Yield Bond ETFs
July 13, 2012 at 08:35 AM EDT
Investors have piled into high-yield bond ETFs this year. However, investors stretching for yield need to be aware of the liquidity-related risks of this sector. The two largest ETFs for this asset class are the $15 billion iShares iBoxx High Yield Corporate Bond Fund (NYSEArca: HYG) and the $10.9...