Junk Bond ETFs See Heavy Outflows on the Risk-Off Trade

This article was originally published on ETFTrends.com.

Fixed-income investors pulled billions of dollars out of speculative-grade corporate bond-related ETF as the rising rates sparked credit risk concerns. Investors yanked more than $6 billion out of junk bonds in the past week, the largest outflows for the asset category since a previous bout of market volatility back in February, the Financial Times reports. […]

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