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PHT - It's risk-on in high-yield after latest Fed move
Pioneer High Income Trust of Beneficial Interest
Included in the Fed's latest rescue package is its intention to now begin buying ETFs holding high-yield paper as well as direct purchases of paper that's recently been downgraded to junk.
More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, BlackRock Corporate High Yield Fund, Inc, News on the U.S. economy, , Stocks on the move, News on ETFs,
