Fixed-Income Traders Increasingly Rely on Junk Bond ETFs
October 21, 2014 at 08:00 AM EDT
Fixed-income traders are increasingly utilizing junk bond exchange traded funds to play the markets in times of rising volatility. According to Fitch Ratings data, trading activity in junk or high-yield bond ETFs jumped during the 2013 “taper tantrum,” along with short bursts of...