‘Hot Money’ Drives Junk Bond ETF Yields to ‘Surreal’ Lows
Posted on November 07, 2012 at 13:45 PM EST
Investors have pumped over $9 billion into junk bond ETFs so far this year as they take on more risk in their endless search for yield. However, some analysts are worried high-yield ETFs are helping to foster a bubble in speculative-grade corporate debt with insatiable demand pushing yields to...