SPDR Bloomberg High Yield Bond ETF

NYSE ARCA: JNK
$92.81
+$0.12 (+0.1%)
Closing price April 18, 2024
The SPDR Bloomberg High Yield Bond ETF, managed by State Street Global Advisors, focuses on investing in high-yield, fixed-rate corporate bonds within the United States. Targeting bonds issued by industrial, utility, and financial companies, it aims for those with maturities between one and 15 years and ratings of BB+ or lower. This ETF seeks to mirror the performance of the Bloomberg High Yield Very Liquid Index, using a representative sampling strategy. It offers investors exposure to the higher-risk, higher-reward segment of the fixed income market.
Unprecedented times call for unprecedented actions. The Federal Reserve, Treasury and even politicians in America have managed to forge together bailout and rescue packages to fight the COVID-19...
When stock market turmoil and economic turmoil coincide into a perfect storm, it turns out that the high-yield sector in corporate bonds, municipal bonds and emerging market bonds tend to get gutted.
Exchange traded funds are often seen as a way to diversify and to moderate the risks of investing directly into stocks during times of uncertainty. Yet, a quick look at some of the most popular...
A quick look at the performance of some of the most popular high-yield ETFs doesn’t seem too encouraging on the surface.
In January and February the recession risks for the United States were picking up. Now it looks as though the biggest risks for the U.S. falling back into recession in 2016 have all but vanished.
You may want to avoid these stocks over the next few months.
Source: ThinkstockOne of the victims of the recent market trends has been the junk bond, or high-yield, market. Financial media and market pundits have warned that things got too rosy in the sector,...
Source: ThinkstockFed Chair Janet Yellen offered a bit of a surprise in her semiannual Monetary Policy Report in front of Congress on Tuesday. It may seem like a bit like Alan Greenspan’s moment...
Source: Thinkstock24/7 Wall St. has not been covering the junk bond market as much of late because spreads were in a narrow range for quite some time. That was then. The 10-year Treasury note hit a...
Source: Frank Golhen, via Wikimedia Commons24/7 Wall St. tracks the spreads that corporations have to pay above Treasury rates to fund their cost of borrowing. This is one key barometer for measuring...
Source: Jon OggIf the spread of junk bonds keeps contracting as investors clamor for yield in an environment where yields are so low, they are going to be priced where investment-grade bonds used to...
It is no secret that we have grown cautious in the area of high-yield corporate debt, also known more commonly as junk bonds. Our concerns are not the underlying credit metrics of the companies and...
Source: Jon OggDividend and income oriented investors need to be on the lookout as of now as the formation of a bubble among the high dividend and high-yield stocks and funds appears to be peaking....
We have been talking about dividend bubbles forming for about two weeks as of now.  Can the bubbles continue to inflate?  Sure.  But you better take a look at the 30-Year Treasury auction from...
Source: Jon OggJunk bonds, or those high-yield bonds which are under BBB- at S&P or under Baa3 at Moody’s, have seen one massive rally since the lows of the summer.  Some may wonder if these have...