Why Trading, Assets in High-Yield Bond ETFs are Exploding
December 20, 2012 at 13:30 PM EST
The two largest high-yield bond ETFs alone have pulled in nearly $8 billion of fresh assets this year as investors clamor for income in a low-interest-rate environment. In fact, trading in high-yield ETFs is rising at a faster rate than transactions in the underlying junk debt “as buyers seek a...