Forget Stocks, IG Credit’s Half-Trillion, Back-To-Back Bonanza Is The Real Story
Go ahead, everybody – indulge yourself in Fed jokes.
Category: high yield
Behold! A Six Standard Deviation Blowout In High Yield Credit Fear Gauge
This is what “stress” looks like.
Zombieland.
“Very few people on the streets, everyone wearing face masks”.
Now Is Not The Time To Lean Into The Illiquidity Premium In Credit, One Bank Warns
There’s always ETFs, though, right?
In Junk Bonds: Exodus
So, is there any good news here?
Don’t Look Now, But Junk Bond Spreads Just Blew Out The Most In 12 Years
Well, that’s not great news.
A Nightmare On Wall Street.
The algos do not appreciate that kind of thing, Mr. President.
David Vs. Goliath: Einhorn Takes On The US Corporate Debt Bubble
“Good luck, we’re all counting on you”.
‘The Last Thing We Need’
All in all, it was a fittingly sour end to the second-worst May for US equities since the 1960s.
And Then, Things Really Started To Go Wrong…
Things have taken a wholly unfortunate turn into month-end.
The Bad News Is, ‘The Next Recession Could See The Third-Worst Spread Peak In History’
The good news is, it won’t be because of defaults.
For US Credit Investors, The ‘Sum Of All Concerns’ Just Hit A Five-Year Low – Just Don’t Tell Anyone In Europe
“…most concerns have declined notably.”