Ahead of Fed, Junk Bond ETFs See Departures
June 08, 2018 at 10:36 AM EDT
Some high-yield bond investors appear convinced the Federal Reserve will continue raising interest rates, prompting outflows from some junk bond exchange traded funds (ETFs), including the iShares 0-5 Year High Yield Corporate Bond ETF (NYSEArca: SHYG). SHYG, which turns five years old in October,...