February 05, 2014 at 15:18 PM EST
Junk Bond ETFs Gain Traction Despite Risk-Off Environment
Undaunted by the recent volatility in risky assets, some investors are turning to speculative debt and junk bond exchange traded funds as they buy on the short-term dips. “A real dramatic freefall is unlikely in our opinion,” Michael Buchanan, a manager at Western Asset Management Co., said...
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