High-Yield Bond ETFs Losing Their Equity Correlation
December 05, 2014 at 10:30 AM EST
Since the financial downturn, high-yield bond exchange traded funds have exhibited a high correlation to the broader equities market. However, the recent tumult in junk bond ETFs has not been reflected in the equities market this time around. On 10 occasions since 2007 when the iShares iBoxx $ High...