Pain Ahead for Junk Bond ETFs?
Investors in U.S. junk bonds are showing increasing caution toward riskier debt. An index of CCC-rated bonds fell nearly 0.8% over the past month ended Thursday, underperforming the broader high-yield market, per Bloomberg, as quoted on Yahoo Finance.Meanwhile, distressed U.S. dollar loans surged t…
Investors in U.S. junk bonds are showing increasing caution toward riskier debt. An index of CCC-rated bonds fell nearly 0.8% over the past month ended Thursday, underperforming the broader high-yield market, per Bloomberg, as quoted on Yahoo Finance.Meanwhile, distressed U.S. dollar loans surged t…
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