The Fed Can’t Faze Junk Bond ETFs
October 30, 2015 at 13:30 PM EDT
Despite signaling a potential interest rate hike for December, the Federal Reserve’s overtures fell on deaf ears in the fixed-income market, with junk bond exchange traded funds largely ignoring the rate risks. Over the past week, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca:...