Market Extra: What trades more in a day than most Dow stocks? It’s a big junk-bond ETF
So much for the sleepy bond market.
BlackRock BLK 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.
Daily trading volumes of the iShares iBoxx $ High Yield Corporate Bond ETF HYG, climbed to more…