Direxion’s New Bearish Junk Bond ETF to Hedge Market Risks
June 20, 2016 at 14:43 PM EDT
With mounting uncertainty over speculative-grade debt markets, Direxion Investments has expanded its line of inverse and leveraged exchange traded funds to include a high-yield, junk bond option. The recently launched Direxion Daily High Yield Bear 2X Shares (NYSEArca: HYDD) tries to reflect the...