Junk Bond ETFs Are Moving in Step with Oil
March 23, 2016 at 16:42 PM EDT
Speculative-grade debt or junk bond-related exchange traded funds have moved in lockstep with the energy market, falling and rising with the ebbs and flows of crude oil prices. High-yield bonds have been rallying since the February 11 low, the same day oil hit a nadir. Since the February low, the...