Corporate Credit ETF Outflows Reflect Rate Risk Anxiety
October 28, 2016 at 17:06 PM EDT
Fixed-income investors seem to be taking interest rate risk very seriously ahead of the Federal Reserve December meeting, trimming exposure to intermediate-term corporate bond ETFs. The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG), which tracks speculative-grade corporate debt,...