Euro Junk-Bond ETF Assets Plunge to Lowest Since June '16: Chart

A backlash against risky bonds has undercut a key barometer for euro high-yield debt to its lowest level since June 2016. Investors have pulled 400 million euros ($472 million) out of the iShares EUR High Yield Corp Bond ETF since Nov. 7, reducing total assets to 5.2 billion euros, according to data compiled by Bloomberg. The junk selloff showed signs of abating toward the end of this week.

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