Junk Bond ETF Rally May Be Getting Stretched

Speculative-grade, junk bond exchange traded funds have recovered from the crude oil-induced sell-off and then some, but the asset category may be looking pricey. Year-to-date, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) gained 12.1% and the SPDR Barclays High Yield Bond ETF...