Jason Goepfert

2-23-2021 at 5:32 pm

Daily Report : The only weakness in junk is that there is no weakness

In the high-yield (junk) bond market, bonds reaching 52-week highs continue to overwhelm those falling to 52-week lows. This indicates good health. About the only issue is that things have been so positive for so long, it equals past extremes when those bonds, and stocks, took a breather.

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