BlackRock’s Junk-Bond ETF Has Record Withdrawals as Rally Fades
Scott Eells/Bloomberg
Investors yanked a record volume of cash from BlackRock Inc.’s exchange-traded fund that buys junk bonds as the notes lose value for the first month since May.
Investors yanked a record volume of cash from BlackRock Inc.’s exchange-traded fund that buys junk bonds as the notes lose value for the first month since May.