High-Yield ETFs Paying Nearly 6% Benefit from Flight to Risk
Posted on September 24, 2012 at 14:09 PM EDT
Investors are buying high-yield bond ETFs hand over fist following the Federal Reserve’s expanded quantitative easing program. In terms of performance, junk bond ETFs have nearly doubled last year’s returns so far in 2012. Investors pumped nearly $4 billion into junk bonds in the latest week...