in 2008, high yield b rated bonds went as high 22% in the peak of panic. This also coincided with the peak of panic for stocks. Quality high growth potential stocks sold for fantastic prices and valuations.
And it makes sense to not make sense this way.
Bonds are debt, and must get paid first as part of normal business operation.
Equity gets the excess profits...
In today's #marketinsights video recording I analyse #gbpchf and #audjpy minors!
Both pairs are showing an identical pattern and are indeed influenced by:
AUDJPY
- Tradewar tensions but latest from positive developments on the back of a potential partial deal Chinese are willing to do
- Positive Home Loans in AU and negative BoJ Corporate Goods Price Index...
