Running On Fumes: Energy Sector Defaults and Junk Bond ETFs
September 18, 2015 at 16:05 PM EDT
With oil prices slipping, the highly leveraged shale oil industry could experience greater defaults, potentially weighing on speculative-grade bond markets and junk-related exchange traded funds. Year-to-date, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) dipped 0.5%, SPDR...