How ‘Frothy’ are High-Yield Bond ETFs?
May 16, 2013 at 15:22 PM EDT
High-yield corporate bond ETFs are bouncing back after a rare three-day sell-off. Some investors are worried junk bond ETFs are overheated after such a strong run but they have endured the recent bump higher in Treasury yields quite well. Junk debt ETFs slipped after Federal Reserve Chairman Ben...