Yield Chasers Starting to Flee Junk Bond ETFs
Posted on November 14, 2012 at 14:01 PM EST
Investors stretching for yield have flocked to junk bond ETFs this year but now the flows are starting to reverse as the funds drop below their 50-day moving average for the first time since June on worries over the economy and U.S. fiscal cliff. So far in November, investors have pulled $458.7...