Junk Bond ETFs Still Cruising as Yields Plumb Fresh All-Time Lows
May 07, 2013 at 12:22 PM EDT
Junk bond ETFs such as iShares iBoxx $High Yield Corporate Bond (NYSEArca: HYG) and SPDR Barclays High Yield Bond (NYSEArca: JNK) continue to ramp higher with the market’s average yield threatening to fall below 5% for the first time ever. “For a while it was getting boring watching the junk bond...