Junk Bond ETFs: Not so Bad When Rates Rise?

The iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) and the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK), the two largest high-yield corporate bond exchange traded funds by assets, and other high-yield corporate bond ETFs are often thought of as among the more vulnerable asset classes to rising interest rates. Historical data…