Junk Bond ETF Yields May Fall Below 5% Amid Scramble for Income

Yields in junk bond ETFs are threatening to fall below 5% for the first time ever as strong demand for speculative-grade corporate debt in a low-rate environment keeps pushing yields down. The iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) is paying a 30-day SEC yield of 5.00%, according...