Junk Bonds Back from the Dead (ETF-HYG)
Posted on Friday, June 5th, 2009 | In Exchange Traded Funds, Market Commentary
Contributed by: ETF Daily News (http://www.etfdailynews.com) -
Junk bonds have come back from the dead — and then some. Of all the asset classes, you’d think the market for debt from financially fragile companies wouldn’t fare well during a “credit crisis.” In fact, we’d suspect it would be one of the last asset classes to recover. But no, anything is possible in [...]
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