VictorWTChan

High Yield Bonds (Junk Bonds) Hitting Monthly Trendline

Short
AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
  • High yield bonds (junk bonds) hit monthly resistance line.
  • Fundamentally, the US corporate debt has almost doubled since 2008.
  • Right now over 50% of them in the market are BBB , which is just a cut above junk.
  • Further analysis: youtu.be/V7zEXiqiiqA

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