We’re going to pound the table, beat dead horses, shout from the rooftops, the whole nine yards on this, because what you saw over the last two weeks in HY is a mere drop in the bucket compared to what the outflows are going to look like when spreads start to blow out in earnest…
(Barclays)
For more, see:
- One Chart & One Question For High Yield Longs
- Exodus: Junk Funds Suffer 3rd Largest Weekly Outflow On Record
