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High Yield Bonds (Junk Bonds) Hitting Monthly Trendline
iShares iBoxx $ High Yield Corporate Bond ETF
Short
High Yield Bonds (Junk Bonds) Hitting Monthly Trendline
By VictorWTChan
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Aug 23, 2019
4
Aug 23, 2019
High yield bonds (junk bonds) hit monthly resistance line.
Fundamentally, the US corporate debt has almost doubled since 2008.
Right now over 50% of them in the market are BBB, which is just a cut above junk.
Further analysis: youtu.be/V7zEXiqiiqA
Chart Patterns
HYG
Technical Indicators
JNK
Trend Analysis
VictorWTChan
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