Junk Bonds Remain Resilient Despite Trade War Fears and Stock Declines High-yield corporate bond ETFs, often considered riskier, have defied expectations by posting positive returns since early April, even as U.S. equities dropped amid tariff anxieties. The iShares iBoxx High Yield ETF gained 0.2% since April 2, contrasting with broader stock market declines, signaling investor resilience in riskier fixed-income assets.56