Investors Chase Yield, Risk in Junk Bond ETFs
Posted on August 16, 2012 at 11:36 AM EDT
Investors have piled into ETFs indexed to speculative-grade corporate bonds as they stretch for yield and take on more risk in the process. For example, iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays High Yield Bond (NYSEArca: JNK) are among the five best-selling ETFs the...