Plunging Yields Send Junk Bond ETFs Soaring
January 25, 2013 at 13:56 PM EST
Coming off a stellar 2012 that elicited ample bubble talk , high-yield bonds and the ETFs that hold those issues have continued climbing in 2013. In broad terms, the U.S. high-yield debt market is up about two percent year-to-date. Record low yields are not keeping investors away. On Thursday, yields on