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El-Erian: High Yield Drama Tells Us 3 Things
Thursday, December 17, 2015 - 9:09am | 469The decline in the high-yield bond market has many investors concerned. So far this week, high-yield bonds have shown a bit more stability. Mohamed El-Erian has identified three lessons to be learned from the decline. The Federal Reserve finally deemed the U.S. economy stable enough to raise...
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This Junk Bond ETF Is Packing On The Assets
Monday, December 14, 2015 - 9:32am | 588We'll take a leap of faith here and assume that investors not living in caves have heard something about the chaos going on in the high-yield bond market. From December 4 through December 11, the SPDR Barclays Capital High Yield Bnd ETF (NYSE: JNK), the second-largest high-yield corporate bond...