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malvinspooner
Feb 23, 2020 6:07 PM
Junk bonds high risk as economy deteriorates and spreads widen
Short
AMEX:SJNK
60
SPDR Bloomberg Short Term High Yield Bond ETF
Arca
Description
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Feb 23, 2020 6:07 PM
With inflation rearing its head of late, and sectors of the economy prone to deteriorate due to coronavirus, narrow junk bond spreads will likely widen - pushing down the prices of high yield bonds.
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