Junk Bond ETFs Enjoy a Sudden Jump in Investor Interest
March 12, 2021 at 07:45 AM EST
Speculative-grade junk bond ETFs are enjoying huge inflows as fixed income investors seek out riskier assets to generate significant yield. On Wednesday alone, the iShares iBoxx $ High Yield Corp Bond ETF (NYSEArca: HYG) attracted $1.3 billion in net inflows, marking its second-biggest single-day...