Junk bonds high risk as economy deteriorates and spreads widen

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SPDR Bloomberg Short Term High Yield Bond ETF (AMEX:SJNK)

AMEX:SJNK SPDR Bloomberg Short Term High Yield Bond ETF

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With inflation rearing its head of late, and sectors of the economy prone to deteriorate due to coronavirus, narrow junk bond spreads will likely widen - pushing down the prices of high yield bonds.

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