tumsasedgars I read a research note from Goldman Sachs earlier this week. Their team sees domestic high-yield defaults ticking higher over the coming months, but then retreating in the back half of next year. Then just this morning, S&P Global reported that corporate defaults jumped last month, marking the highest tally since 2009 all while corporate buybacks were down 20.4% from year-ago levels in Q2. Higher interest rates are clearly taking their toll on corporate decision-making and price action in the junk bond space. I am reiterating my hold rating on the iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY). I continue to like its high yield-to-maturity compared to the real earnings yield on the S&P 500, but that is off

High yield bond ETFs can work well for investors who don’t mind taking risks in exchange for higher yields and higher potential returns in the long run. Before buying shares of these unique fixed income securities, learn how they work and the pros and cons of investing in them. What Is a High Yield Bond ETF? A high yield bond ETF, also known as a junk bond ETF, is an exchange-traded fund that invests in a portfolio of high yield or noninvestment-grade bonds. These bonds are issued by companies with a lower credit rating and are considered riskier than investment-grade bonds. High yield bond ETFs typically track the performance of a high yield bond index, which consists of a diversified mix of noninvestment grade bonds, often from companies in industries such as energy, telec