Junk bonds closing the week at new lows for the year, as it trades below long-term MA lines! $JNK $HYG Should stocks be concerned?https://t.co/FVVM84sTeH #IBDpartner @IBDinvestors @MarketSmith pic.twitter.com/AwtABIahVd — Chris Kimble (@KimbleCharting) April 8, 2022 Today’s Chart of the Day was shared by Chris Kimble (@KimbleCharting). It’s a weekly candlestick chart of the High Yield Bond […]
Bond Market Ratio Shows Strength from Treasuries
US yields have continued to collapse, with another hard leg down this month following July’s FOMC decision to cut rates for the first time since the Financial Crisis. A few weeks ago, I wrote about the 30-Year Yield pushing towards its record low of 2.10%. It fell as far as 1.92% in the time since […]