Are funds flowing out of junk bonds? The noticeable turn lower in HYG and JNK in the past couple...

|By:, SA News Editor

Are funds flowing out of junk bonds? The noticeable turn lower in HYG and JNK in the past couple of sessions has been accompanied by surging volume, notes John Spence. Both of the ETFs have returned to about flat YTD. The IG corporate bond ETF (LQD) is now red. Dan Fuss describes today's high yield values as "ridiculous."