iShares, the exchange-traded funds platform of investment group BlackRock Inc., Wednesday launched a European-domiciled exchange-traded fund, providing exposure to global high-yield bonds. The ETF will be the first European-domiciled ETF to provide the possibility to invest in global high-yield bond, not just European ones, in either dollars, euros, sterling or Canadian dollars. The fund will track one of Markit cash bond indexes, the Markit iBoxx Global Developed Markets Liquid High Yield Capped Index, with bonds included in the index rated BB+ or less by at least one of three main rating agencies, iShares said.