High-Yield Bond ETFs Recovering from Taper Tantrum

Speculative-grade corporate debt ETFs are up about 3% so far this week to recover some of the steep losses they suffered in May and June when Treasury yields spiked. The iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays High Yield Bond (NYSEArca: JNK) rallied Thursday after...