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September 01, 2020 1:41pm
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Junk Bond ETFs Did Their Jobs as Stocks Tumbled

High-yield corporate bond ETFs acted as expected during the recent equity market stress, providing efficient vehicles for price discovery as some junk-rated debt was pinched alongside stocks. The iShares iBoxx $ High Yield Corp Bd ETF (NYSEArca: HYG) is the largest high-yield corporate bond ETF in...
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