A JPMorgan strategist, Nikolaos Panigirtzoglou, even goes so far as to argue that junk bond ETFs look more attractive than stocks in the near term, pointing to recent flow data that reveal an acceleration in equity ETF outflows, compared to junk bond ETF flows.
iShares iBoxx $ High Yield Corporate Bond ETF
For more information on speculative-grade debt, visit our junk bonds category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own shares of HYG and JNK.