ETF Investors Grow Wary of Junk Bond Rally
May 05, 2016 at 15:53 PM EDT
Speculative-grade debt exchange traded fund (ETF) investors may be calling it quits after a three-month rally in junk bonds. The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) experienced 27.8 million share redemptions, or about $2.6 billion in outflows, over the past four days, the...