Junk Bond ETFs Loving a No Tapering World
October 29, 2013 at 12:05 PM EDT
The May peak to June trough decline for the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG), the largest high yield bond ETF by assets, was 7.5%. That decline was induced primarily by speculation the Federal Reserve was preparing to taper its quantitative easing program. Fast forward...