6.7% yield with short duration gives HYG an edge over riskier bond funds

6.7% yield with short duration gives HYG an edge over riskier bond funds

The post 6.7% yield with short duration gives HYG an edge over riskier bond funds appeared first on 24/7 Wall St.. Quick Read iShares iBoxx High Yield Bond ETF (HYG) — 19 years of uninterrupted monthly payments on diversified junk bond portfolio. HYG’s 6.7% yield remains safe with default rates at 2.5% and favorable Fed policy supporting high-yield credit quality. Tight credit spreads at 262 basis points leave minimal cushion if economic con…