Why The Junk Bond Selloff Is Getting Very Scary

Ted

FYI: The junk bond market is looking more and more like the boogeyman for stock market investors.

The iShares iBoxx $ High Yield Corporate Bond exchange-traded fund HYG, -2.55% tumbled 2.4% in midday trade Friday, putting the ETF (HYG) on course for the lowest close since July 2009. Volume as of 12 p.m. Eastern was already more than double the full-day average, according to FactSet.
Regards,
Ted
http://www.marketwatch.com/story/why-the-junk-bond-selloff-is-getting-very-scary-2015-12-11/print

Junkster

The debacle in junk bonds has been more than telegraphed and commented on here in the past. The worse the better if that means another 2009 where the average junk bond fund was up 40%. Also, while the *price* of HYG may be at July 2009 levels, the *total return* is nowhere as dire as the pundits would lead you to believe.

heezsafe

http://blogs.barrons.com/focusonfunds/2015/12/11/junk-bond-etf-selloff-accelerates/?mod=BOLBlog