High-Yield Bond ETFs Shrug Off Oil Price Swings
August 19, 2016 at 16:39 PM EDT
Speculative-grade debt and junk bond-related exchange traded funds have made a quick turnabout as crude oil prices oscillate from a bear to bull market in less than a month. In seven months last year, U.S. energy junk bonds lost $56.7 billion in market value, with average yields shooting up to as...