It Could be Time to Call on the Convertibles ETF Again
September 22, 2014 at 12:10 PM EDT
Ten-year Treasury yields are off 13.3% this year, but that has not stopped the SPDR Barclays Convertible Securities ETF (NYSEArca: CWB) from posting a respectable gain of 8.5%. CWB’s 2014 performance underscores the often intimate correlations between convertible bonds and equities. Last year, the...