Higher Yields, Regulation Drive Junk Bond ETF Boom
Posted on September 18, 2012 at 11:23 AM EDT
Assets in junk bond ETFs have soared to over $30 billion as investors move into speculative grade corporate debt in search of more yield in a low-interest-rate environment. In fact, ETFs are on track to overtake credit derivatives as a way to speculate on high-yield bonds, Bloomberg News reports....