Healthy Corporate Finances Support Junk Bond ETFs
August 08, 2014 at 09:00 AM EDT
The sell-off in speculative-grade junk bonds and related exchange traded funds may be over done as retail investors jumped ship despite strong fundamentals. Over the past month, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) declined 1.8% while the SPDR Barclays High Yield Bond...