Traders Pay up to Short Junk Bond ETFs
August 18, 2014 at 13:01 PM EDT
A recent surge in distaste for high-yield bond exchange traded funds is highlighted by several anecdotes, including the willingness of professional traders to pay up to short such ETFs. The daily cost to finance short positions in the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG),...