Are Junk Bond ETFs Overbought?
March 22, 2012 at 10:00 AM EDT
In the ongoing search for yield, investors have been piling into high-yield, junk bond exchange traded funds. However, investors need to clearly understand the risks of ETFs that hold lower-quality corporate bonds. PIMCO Total Return ETF (NYSEArca: TRXT) manager Bill Gross in a recent interview...