Spdr Series Trust Lehman High Yield Bd Etf (NYSEMKT:JNK)

CAPS Rating: 1 out of 5

SPDR Barclays Capital High Yield Bond (ETF)

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Player Avatar TerryHogan (99.84) Submitted: 8/14/2012 3:45:09 PM : Underperform Start Price: $37.77 JNK Score: +10.92

Junk bonds are trading too close to treasuries. While the risk of default is still low for a lot of these offerings, I don't think they're priced right. Once we're confirmed in a recession (again) I think these guys have some room to fall.

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