- Building on the success on the SPDR Barclays High Yield Bond ETF (JNK), State Street Global Advisors will roll out the SPDR Barclays International High Yield Bond ETF (IJNK) tomorrow.
- Much like JNK, IJNK will track an index of high yielding corporate bonds, but with a focus on ex-U.S. global market.
- This market sector is relatively under represented in the ETF universe and the addition of IJNK will round out SSgA's exposure to high yielding bonds.
- Other high yielding global corporate bond ETFs: IHY, HYXU, PGHY