High-Yield ETFs Stem the Bleeding
Posted on June 15, 2012 at 10:50 AM EDT
Investors nibbled at high-yield bond ETFs and mutual funds in the latest week after pulling $6.5 billion the previous month on Europe’s debt crisis and global credit jitters. For the week ended June 13, ETFs that invest in non-investment-grade corporate bonds saw net inflows of $390 million,...