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Junk Bond ETFs Are Sending An Important Market Signal

FYI: As the stock market hits record highs, demand for riskier bonds has surged.
Just in the last two weeks, exchange-traded funds tracking U.S. high-yield bonds have seen a net inflow of over $2 billion — four times the inflow of the previous month, according to data from Markit. At this pace, monthly flows could exceed $4 billion, which would make July the biggest month for high-yield inflows since January 2012.
Regards,
Ted
http://www.cnbc.com/2016/07/18/junk-bond-etfs-are-sending-an-important-stock-market-signal.html
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