More yield-hungry investors can also gain access to international junk bonds through the iShares Global High Yield Corporate Bond ETF (NYSEArca: GHYG), which tracks local currency-denominated high-yield corporate bonds issued by international companies. GHYG has a 3.74 year duration and a 3.89% 30-day SEC yield.

Investors who want to breakdown their overseas exposure can also focus on emerging market debt with the Vanguard Emerging Markets Government Bond ETF (NasdaqGM: VWOB), which includes debt from countries like Russia, Mexico and Brazil, among others. While many may expect emerging markets to carry greater risks, these countries still issue high quality debt. The fund’s credit quality allocations include AA 7.1%, A 10.3% and BBB 60.5%. VWOB has a 6.7 year duration and a 4.25% 30-day SEC yield.

For more information on the fixed-income market, visit our bond ETFs category.

Max Chen contributed to this article.