Analysts say that the fundamental picture for high-yield bonds hasn’t changed. As company balance sheets are looking healthy and investors continue to search for yield, the demand will be strong. [ETF Spotlight: High Yield Corporate Bonds]

Rachel Koning Beals for US News reports that companies are aggressively refinancing their debt to improve their credit rating, due to this low-rate climate. In turn, this has boosted European investing demand for access to the much deeper U.S. bond market, including high-yield debt. [Some ETFs to Ride Out Market Volatility]

Tisha Guerrero contributed to this article.

Read the disclaimer; Tom Lydon is a board member of the funds for Guggenheim Investments.