Houston on Nostr: Not enough people are talking about it. The high-yield bond ETFs $JNK and $HYG are ...
Not enough people are talking about it.
The high-yield bond ETFs $JNK and $HYG are both trading outside-inside on the monthly chart and consolidating at the precipice.
If we see a break of last month's outside bar to the downside, watch out. đ
This means that the market is expecting more defaults or lower recoveries from junk bonds, which could be caused by factors such as higher interest rates, a worsening economy, lower earnings, or more volatility, and drive investors into safer risk assets. đđ
Published at
2023-09-07 13:35:13Event JSON
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"content": "Not enough people are talking about it. \n\nThe high-yield bond ETFs $JNK and $HYG are both trading outside-inside on the monthly chart and consolidating at the precipice. \n\nIf we see a break of last month's outside bar to the downside, watch out. đ \n \nThis means that the market is expecting more defaults or lower recoveries from junk bonds, which could be caused by factors such as higher interest rates, a worsening economy, lower earnings, or more volatility, and drive investors into safer risk assets. đđ\n\nhttps://s3.tradingview.com/snapshots/o/OnV4mqZU.png\nhttps://s3.tradingview.com/snapshots/d/DmAAjGcW.png",
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