High-Yield ETFs Hit as Investors Flock to Treasuries
August 09, 2011 at 13:59 PM EDT
Investors have been selling high-yield corporate bonds and running to the perceived safety of Treasury bonds amid the recent blast of risk aversion in markets. “Junk” bond exchange traded funds such as SPDR Barclays Capital High Yield Bond ETF (NYSEArca: JNK) and iShares iBoxx High Yield Corporate...