What trades more in a day than most Dow stocks? It’s a big junk-bond ETF
‘You’ve got this honey pot of liquidity drawing in the big bears,’ said one investor of junk-bond ETFs
So much for the sleepy bond market.
BlackRock BLK, +0.10% oversees a key corporate-debt exchange-traded fund (ETF) that it says now trades at a higher annual daily volume than shares of most blue-chip companies in the Dow Jones Industrial Average DJIA, +0.53%.
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