ETF Snapshot: High yield ETFs only asset class to record outflows
€1.8bn outflows
High yield ETFs saw €1.8bn outflows for the week
High yield ETFs were the only asset class in the red among tracker funds in the week ending 12 January as investors rotated into high grade credit after US 10-year yields hit their widest level since 2014 on 19 January.
Investors' appetite for riskier debt disappeared during the week with developed high yield bonds posting €1.8bn in outflows, according to data from TrackInsight. BlackRock's iShares iBoxx $ High Yield...
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