Forbes.com is reporting that Vanguard will debut 7 new Bond ETFs bringing their total Bond ETFs offered to 12. The reason? According to the article:
"People have flocked to corporate bonds, where the junk-bond market has climbed 40% this year. Bonds funds received $58 billion in May and June of this year, up from $19 billion in the same months last year, according to Lipper data."
Can you really blame Vanguard for jumping on the Bond ETF bandwagon? Me either. You can read the complete Forbes article here.
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