by Chris Kimble
It’s been a loopy final couple of years. And that’s in all probability an understatement.
And 2022 is off to an identical begin with provide disruptions, surging inflation, and conflict abroad.
Evidently, shares are buying and selling decrease this yr. And, no shock, junk bonds are buying and selling decrease as nicely. However what’s shocking is that the customarily safe-haven US treasury bonds (TLT) are buying and selling down… by so much.
Immediately’s chart 2-pack seems at how the junk bonds ETF (JNK) is out-performing the authorities bonds ETF (TLT). Not fairly often that you simply see shares get hit and treasuries carry out worse than junk bonds.
Additionally, you possibly can see that junk bonds are at an essential intersection after closing final week on the lowest worth of the yr. Bulls higher hope for a fast restoration or we may see some imply reversion as junk bonds head decrease. Keep tuned!
This text was first written for See It Markets.com. To see the unique put up CLICK HERE.
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