Investors Buying High-Yield ETFs with Shorter Durations for Rate Protection
July 16, 2013 at 11:08 AM EDT
Investors looking for a balance between yield and protection from rising interest rates have been moving into ETFs tracking speculative-grade corporate bonds with shorter durations. PIMCO 0-5 Year High Yield Corporate Bond Index (NYSEArca: HYS) and SPDR Barclays Short-Term High-Yield Bond ETF...