Why High-Yield Bond ETFs Still Have Momentum
July 08, 2014 at 15:33 PM EDT
High-yield bond exchange traded funds rallied this year after benchmark rates dipped and can continue to gain momentum as corporate America grows. The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) is up 5.0% year-to-date while the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK)...