Examine XBB for Junk Bonds Sweetness
August 11, 2023 at 10:45 AM EDT
Despite concerns about an economic hard landing and a spate of corporate debt downgrades around the world, junk bonds are performing admirably this year. The widely observed Markit iBoxx USD Liquid High Yield Index is higher by 5.87% year-to-date, as of August 10. That’s nothing to scoff at, particularly when considering that the index is [...] The post Examine XBB for Junk Bonds Sweetness appeared first on ETF Trends .
