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FYI: The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is turning 10 years old this week.
Looking back a decade, few then would’ve thought investors would be able to trade more than 1,000 high-yield bonds at a penny spread on a stock exchange. HYG was a massive feat of innovation—one of many ETFs that truly democratized access to difficult-to-reach pockets of the market. Regards, Ted http://www.etf.com/sections/features-and-news/6-key-facts-about-hyg-its-10th-anniversary?nopaging=1
