While it's been a harsh month for stocks, junk bonds are outpacing the S&P 500 this half, Bloomberg First Word reports.
On total return basis, CCC-rated have performed the best, with CCC-rated dollar junk bonds returning 4.4% this year, almost matching the dividend-reinvestment performance of the S&P 500, according to Bloomberg.
Previously: Junk bond ETF's September outflow signals investor anxiety: WSJ (Oct. 4)
ETFs: HYG, JNK, DHY, HIX, EAD, PHT, HYT, HYLD, JQC, ACP, ANGL, CIK, MCI, DSU, SJB, KIO, NHS, CIF, ARDC, IVH, GGM, AIF, MPV, FHY, PHF, JSD, VLT, HYLS, DHG, PCF, MHY, UJB, FALN, CJNK, HYIH, HYLB, HYXE, WFHY, HYDB, BSJP, HYUP, USHY
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