High-Yield ETF Pullback a Worrying Sign for Market?
June 09, 2011 at 11:28 AM EDT
Investors should keep an eye on weakness in high-yield exchange traded funds because the riskier bond ETFs have been a decent leading indicator for the stock market, a technical analyst says. SPDR Barclays Capital High Yield Bond (NYSEArca: JNK) and iShares iBoxx $ High Yield Corporate Bond Fund...