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