High-Yielding ETFs Make Bank Loan Market More Volatile: Report
August 19, 2013 at 13:05 PM EDT
The rise of bank loan ETFs driven by yield-seeking investors is having an impact on the underlying market, according to a report Monday. ETFs “might be a small part of the market, but they can have an outsized impact on market prices relative to their size,” Eric Gross, a credit strategist at...