April 13, 2012 at 09:14 AM EDT
Investors Cool on High-Yield Bond ETFs
Recent weakness in high-yield corporate debt and global growth jitters have caused investors to pull cash from junk bond ETFs for the first time in nearly five months. Junk bond mutual funds and ETFs saw net outflows of $1.3 billion in the latest week, their first outflow in 19 weeks, according to...
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