March 22, 2012 at 10:00 AM EDT
Are Junk Bond ETFs Overbought?
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...
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