Investors Are Losing Faith in Junk Bond ETFs
August 11, 2015 at 16:15 PM EDT
High-yield, speculative-grade bond exchange traded funds have been losing ground and are trading close to a four-year low. Over the past three months, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) dipped 3.2% and SPDR Barclays High Yield Bond ETF (NYSEArca: JNK) fell 3.7%. HYG...