Goldman Spots A Potential ‘Sign Of Trouble’ In High Yield

Earlier on Thursday, Lipper was out with the latest read on HY flows. U.S. high yield funds saw inflows of $967m for the week ended October 11, Lipper said. That compares to inflows of $645m the previous week and marks the fourth consecutive week of inflows. HY has been interesting this year. While spreads are still near post-crisis tights, HY has looked shakier than IG since March, which for some suggests the cracks are starting to show, even if those cracks are tiny and not necessarily a pre