Junk Bonds, ETFs See Default Rates Drop to 2008 Low
April 17, 2014 at 08:15 AM EDT
While fixed-income assets are subject to rate risks, junk bond exchange traded fund investors also have to monitor credit risks, but now default rates on speculative grade debt have dropped to a six-year low. According to Moody’s Investor Service, default rate among junk-bond U.S. companies...