Junk Bond ETFs Face Rising Risks from Energy Sector
April 01, 2020 at 15:10 PM EDT
With the first U.S. shale producer to file for Chapter 11 following the plunge in crude oil prices, credit risk in the energy sector may continue to drag down junk bond ETFs. Whiting Petroleum Corp (WLL) said Wednesday it filed for bankruptcy after oil prices slipped to 18-year lows in response to...