Popular High-Yield Bond ETFs Stumble
March 06, 2012 at 10:14 AM EST
Investors who have piled into high-yield ETFs indexed to corporate “junk” bonds may be in for a choppy ride if upbeat investor sentiment on the economy wanes. The iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays High Yield Bond (NYSEArca: JNK) are on a three-day losing...