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S&P warns about "hot money" in the high-yield bond ETF sector (HYG, JNK), saying the ease...

S&P warns about "hot money" in the high-yield bond ETF sector (HYG, JNK), saying the ease with which investors can buy and sell creates "new and risky dynamics" in that area of fixed income. Not so fast, writes Brendan Conway, pointing out S&P is just operating on a hunch. Moody's earlier attempt at laying blame on JNK for volatile action fell flat.
Comments (2)
  • TWagen
    , contributor
    Comments (143) | Send Message
     
    Being early doesn't mean that they are wrong. How many times have we seen these early calls that just come home to roost at inopportune times.
    8 Nov 2012, 12:17 PM Reply Like
  • ekimnaj
    , contributor
    Comments (6) | Send Message
     
    Hmm, does this mean the HYB ETFs might fluctuate? Maybe their fluctuation frequency and amplitude will or will not change.
    This is news?

     

    e
    8 Nov 2012, 09:18 PM Reply Like
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