Don’t Blame Junk Bonds for a Market Meltdown

High-yield corporate exchange traded funds, including the two largest, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) and the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK), have been ensnared in controversy lately. However, some market observers believe the high-yield bond...