JPMorgan BetaBuilders USD High

BBHY seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months.

The market seems fearful of a recession, leading to sell-offs in junk bond ETFs like BBHY, but a quick recovery was seen this past week. Investors face a decision to invest in high-yield corporates or rotate into safer treasuries amidst economic uncertainty. Corporations holding large cash stockpiles may impact investment decisions, while default risks on high-yield corporates remain low for now.

News for JPMorgan BetaBuilders USD High ETF (BBHY)