Long Junk, Short Treasuries?

28 0 0
Since I didn't know how to chart credit spreads, I thought that the difference in the prices of HYG             (Junk Bond ETF ) and TLT             (Long Term Treasuries ETF ) could be useful. I found that this "indicator" is at a long-term support first stablished on early 2009 (which formed a bullish divergence that started this bull market).

I don't trade bonds, so I would appreciate the input from bond traders, Is this just an anecdote? Will oil             recover in time to save many businesses in the industry (and their lenders) and at the same time keep deflation away? Will support be broken and signal the end of the bull market? Is my idea just laughable?

Note: Using a ratio instead of a difference shows almost the same picture.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out