High-Yield ETFs Fall to 52-Week Low in Bad Sign for Stocks

High-Yield ETFs Fall to 52-Week Low in Bad Sign for Stocks

By: ETF Trends

Posted on October 03, 2011 at 11:35 AM EDT

Exchange traded funds that invest in high-yield corporate bonds fell to new 52-week lows on Monday, which is a discouraging sign for equities ETFs as “junk” bonds have been a fairly reliable leading indicator for the stock market. The iShares High Yield Corporate Bond (NYSEArca: HYG) and SPDR...

Related Stocks:

SPDR Barclays High Yield Bond ETF iShares iBoxx $ High Yield Corporate Bond Fund

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