High-Yield ETFs Climb to New Highs as Treasuries Languish
September 17, 2012 at 07:49 AM EDT
There is a dramatic shift playing out in fixed-income ETFs as high-yield bond portfolios break out while funds indexed to U.S. Treasuries pull back sharply. The divergence suggests bond ETF investors are becoming more aggressive and moving away from safe havens. Also, they appear more willing to...