Finding Treasure in Junk Bond ETFs
December 08, 2010 at 14:00 PM EST
After the junk bond exchange traded fund (ETF) market dipped briefly over the last month, it’s now come roaring back. There’s more than just one thing goading this rally: Falling Defaults. Moody’s stated that global junk-grade default rates hit a two-year low of 3.3% in November,...