Why Junk Bond ETFs Are Suddenly Treasured
Posted on May 29, 2009 at 12:00 PM EDT
Apparently, intrepid investors are developing a growing appetite for riskier investments such as junk bond exchange traded funds (ETFs). After a volatile and scary year, you can’t help but wonder what’s happening. The yield margins of high-yield bonds over Treasuries are narrowing, as seen on the Merrill Lynch U.S. High Yield Master II ...
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