High-Yield, Junk Bond ETFs Stand Out in Fixed-Income Market
January 03, 2014 at 15:16 PM EST
Fixed-income assets stumbled over 2013 as Fed tapering talks stoked rate risk. Nevertheless, high-yield, speculative grade corporate debt exchange traded funds held firm as investors weighed the positive effects of an improving economy. Junk bonds performed against “a backdrop where the U.S....