FX:SPX500 S&P 500 index of US listed shares
Chart what you want, but when HYG takes a dip, I take notice. And when a trend appears, I really sit up and take notice. Risk off trade by bonds, and if liquidity dries up for them watch out. Rumor has it, next bubble is the bond market, and bonds could come down with , it could happen. FOMC , RATE DECISION is the black vertical line, D day. (decision day) , another day that may go down in infamy, or pass like nothing happened... talk about your roll of the dice, will you play, or rest in cash? IMO , HYG trend says bonds being sold, resting in cash, not into . This may be the rotation they talk about next, after the fact.