“Investors jumped back into junk bonds earlier this year as negative headlines from the European crisis dwindled, following a period of high volatility late last year, only to see some of those headlines return,” Dow Jones reported.
“The high yield market, until a few days ago was getting very frothy,” said Dan Fuss, bond fund manager at Loomis Sayles, in the article. “Now I would suspect [some]high-yield managers are trying to figure out what they are going to sell.”
Fuss this week said it may be a good time for investors to consider stocks and move away from bonds if interest rates begin to move higher. [ETF Moves to Make if Interest Rates Rise]
SPDR Barclays High Yield Bond
