|Bid||37.32 x 1000|
|Ask||37.37 x 100|
|Day's Range||37.28 - 37.35|
|52 Week Range||35.05 - 37.41|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
Right now, waiting for the junk bond market to back up a bit before buying might be a losing strategy.
Just as stocks are reaching new highs, so are junk bond indices. The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is now trading close to $89, a new 52-week high. Thomas Byrne of Wealth Strategies & Management writes Wednesday: Folks, in my opinion, high yield is rich, as an asset class.
These 'flight to safety' ETFs can be bought on weakness.