For those who think the economy will slow and high yield spreads will start to widen, Proshares has launched a short high yield ETF. The ticker symbol is SJB. The fund is relatively new, with a launch date in March of this year.
Volume has been on the light side with an average of about 20,000 shares traded daily. This is likely to pick up if we get a significant decline in junk bonds.
We’ll continue to keep our eye on this fund as a way to potentially play a significant decline in junk bonds.
Source : Click Here
No comments:
Post a Comment