Keep a Close Eye on High Yield Bond ETFs As Coronavirus Wears On
March 23, 2020 at 08:00 AM EDT
With the economy staring at a possible coronavirus-induced recession in the face, investors need to be wary of risky, highly-leveraged companies and exchange-traded funds (ETFs) that hold this debt as part of their high-yield strategy. S&P Global Ratings is forecasting that the default rate for...