Consider HYLB While Junk Bonds Yield Over 8%
December 29, 2022 at 08:00 AM EST
While it’s been a challenging year for fixed income, falling prices have pushed yields on so-called junk bonds to an average 8.4%, according to the ICE BofA US High Yield Index. That’s nearly twice the average yield of 4.35% that high yield bond funds offered at the end of 2021. “Junk bonds are getting a [...] The post Consider HYLB While Junk Bonds Yield Over 8% appeared first on ETF Trends .