Fixed-Income Investors Grow Wary of Junk Bond ETFs
June 10, 2015 at 08:20 AM EDT
Speculative-grade, high-yield bond exchange traded funds are finally feeling the pressure of the global bond sell-off, and investors are pulling out of junk ETFs in droves. Junk bond ETFs remained relatively unchanged through late April and May while the Treasuries and investment-grade debt markets...