Largest Junk Bond ETFs Offer 7% Yields
The biggest junk bond exchange traded funds by assets are paying yields in the 7% range but these ETFs come with unique risks, including premiums and discounts to net asset value. SPDR Barclays Capital High Yield Bond ETF (NYSEArca: JNK) and iShares iBoxx High Yield Fund (NYSEArca: HYG) were down...
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