FYI: After a year that has reignited concerns about how exchange-traded funds work during volatile periods, junk bond ETFs came through a test this month, registering their highest trading volumes ever without any major disruption.
The December selloff of high-yield bonds did not spark the kinds of price distortions that have occasionally roiled ETF markets, potentially soothing fears about the way the products trade as regulatory scrutiny ramps up.
Regards,
Ted
http://www.reuters.com/article/usa-etfs-highyield-idUSL1N14501020151216
