Investors Grow Wary of High-Yield, Junk Bond ETFs
March 16, 2015 at 08:00 AM EDT
After staging a decent rally this year, high-yield speculative-grade bond exchange traded funds are now experiencing large withdrawals. Retail investors pulled $1.96 billion from U.S. high-yield funds for the week ended March 11, with 97% of the total, or $1.91 billion, from ETFs, writes Matthew...