ETFs Bring Liquidity to High-Yield Bonds: iShares
April 16, 2012 at 09:23 AM EDT
The introduction of junk bond ETFs such as iShares iBoxx High Yield Fund (NYSEArca: HYG) has brought liquidity, transparency and access to a market that was previously inaccessible to many investors, says money manager BlackRock. HYG and other funds have “effectively changed how investors look at...