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By: Benzinga
January 14, 2013 at 17:40 PM EST
S&P Constructive on Junk Bond ETFs
Despite ongoing bubble calls and speculation the asset class is overvalued, junk bonds and the ETFs where those bonds make a home continue to defy the critics. Even after modest losses Monday, the largest high-yield bond ETFs are still found trading just pennies below their respective 52-week highs. S&P Capital IQ
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