Investors have piled out of high-yield bond ETFs after a slight downturn in performance and analysts’ warnings of a rally in this asset class that was bordering on “euphoria”.
Bond ETFs are off to a great start in 2017, and remain a crucial part of any portfolio. Investors are not scared off by interest rate hikes, even with several more planned for the rest of the year.
The year that has passed has been full of shocks and surprises, and this has resonated in the financial markets, causing volatility and unexpected investor behaviour across the board. What does 2017 have in store?