Options show rising concern over high-yield bond ETFs

The options market is flashing concern about high-yield bond exchange-traded funds

The options market is flashing concern about high-yield bond exchange-traded funds.

Demand for protective "put" options in the market's largest high-yield bond ETF versus bullish options this month crept up to its highest level since May 2013's "taper tantrum," when hints from the Federal Reserve on changes to its bond-buying program sent high-yield bonds, and other rate-sensitive assets, reeling.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump