Shrinking Durations Make High-Yield Bond ETFs More Attractive
January 27, 2020 at 16:39 PM EST
While yields on junk bonds are at record lows, speculative-grade debt and high-yield bond ETFs have seen overall maturities shrink, which have caused some to see value in this segment of the fixed-income market. In the investment-grade corporate bond side, companies have tried to lock in low...