Rising Volatility Hits Risky Junk Bond ETFs
August 04, 2014 at 07:30 AM EDT
Junk bond exchange traded funds are experiencing large outflows and are now testing their long-term trend lines as investors weigh this year’s rally against fundamentals and the economic outlook. The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) was down 0.7% Friday while the...