Junk Bond ETFs Could Face Credit Risks after a Year of Prolific Borrowing
August 19, 2021 at 07:00 AM EDT
Despite the stubbornly low rate environment, exchange traded fund investors have been loath to pick up speculative-grade, junk-rated bonds. The decision may be prescient as the boom in U.S. corporate borrowing has exposed the segment to increased defaults among financially risky companies. Among...