Consider Fallen Angel ETFs as Fed Looks Into Junk Bonds
April 13, 2020 at 17:10 PM EDT
Fixed-income investors jumped at junk bond ETFs after the Federal Reserve said it could begin purchasing speculative-grade debt to support the market, but ETF investors may be looking at the wrong area. Over the past week, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) attracted...
