Posted by DigiNomad on 1st of Nov 2023 at 11:26 am
I think SPX is just squeezing...technical bounce from a logical
level. HYG almost has to go down in price / higher in yield. The
current level relative to Gov bonds makes no sense heading into a
default cycle (continuing through the cycle...bankruptcies have
already spiked).
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I think SPX is just
Not sure what's up with HYG. It's become uncorrelated with ...
Posted by DigiNomad on 1st of Nov 2023 at 11:26 am
I think SPX is just squeezing...technical bounce from a logical level. HYG almost has to go down in price / higher in yield. The current level relative to Gov bonds makes no sense heading into a default cycle (continuing through the cycle...bankruptcies have already spiked).