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High-Yield Bonds Soar While Stocks Languish

I had been following BND, LQD, TIP and HYG. Just got into HYG recently. I have a number of other ETFs to create a diversified portfolio, but needed some bond holdings to balance the stock holdings. I would love to get the 12% yield from HYG and hope that the price doesn't drop much.

Just wondering if I should get into another bond ETF that's maybe less risky?

I appreciate your insights.