Deutsche X-trackers Launches High Yield Bond ETF12.08.2016 By John D'Antona Editor, Traders Magazine
Deutsche Bank – Deutsche Asset Management (Deutsche AM) announced the launch of Deutsche X-trackers USD High Yield Corporate Bond exchange-traded fund (ETF) (NYSE Arca: HYLB). The most cost efficient high-yield ETF in the US market, HYLB will provide investors access to benchmark exposure to high yield bonds.
“For investors seeking pure high-yield beta exposure as part of their diversification strategy in their overall asset allocation, they can now do so in a fast and cost-effective way through the Deutsche X-trackers USD High Yield Corporate Bond ETF,” said Fiona Bassett, Head of Passive Asset Management, Americas. “In the current low interest rate environment, high-yield bonds provide investors with a potential source of income. In addition, as the market is anticipating an interest-rate hike by the US Federal Reserve Board, the high-yield market tends to be less impacted by rate moves, shielding investors from potential volatility.”
The US platform also offers Deutsche X-trackers High Yield Corporate Bond-Interest Rate Hedged ETF (Bats: HYIH), which provides exposure to high-yield bonds while potentially reducing the interest rate risk in an investment portfolio. HYIH seeks to track the performance, before fees and expenses, of the Solactive High Yield Corporate Bond – Interest Rate Hedged Index, which aims to mitigate exposure of interest rate sensitivity across the yield curve in a rising rate environment.
The Treasury is soliciting public feedback on additional post-trade data transparency.
The future of trading is digital and interoperable.
European government bond trading volumes increased 17.5% year-on-year in the first quarter.
The two platforms will link trading workflows in emerging markets bonds and currency swaps.
Axess All Prints improves transparency, particularly for automation and algo trading.