High-Yield ETFs: Rotation from Junk to Quality
Posted on October 17, 2012 at 08:43 AM EDT
Investors are selling high-yield ETFs after a strong run and moving into investment-grade corporate bond funds to cut risk in their fixed-income portfolios, according to industry flow data. In the past week, iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays Capital High...