Vanguard Demurs on High-Yield Bond ETFs
Posted on February 22, 2013 at 06:12 AM EST
High-yield bond ETFs have sold like hotcakes in a low-interest-rate environment with investors taking on more risk in their quest for yield. However, don’t expect Vanguard to pile in on this popular segment with its own ETFs. The index fund and ETF giant is “staying away from offering such a...