Pricing Corporate Bonds? Does the QE effect wear off? Will Corporates have to be repriced?
Hy might weaken relative to IG but don’t see a catalyst for major widening.
HYG has since rebounded nicely, which implies that higher interest rates are on a sustainable course, I assume that at some point rates will collapse and the HYG will collapse all things being equal the yield will increase relative to Treasuries. So its a valid indicator to me, and the size of corporate issuance is at extremes, and in a self inflating virtuous cycle? The shock of rate collapse cannot be overstated in this instance it might actually precede the economic collapse, not the other way around.
Nobody Wants To Admit To The Real Reasons Behind American Mass Shootings…
The root cause is always the people. People choose their govenments in any situation.