Rise in high yield credit spreads threatens recession A rising spread indicates disfavor toward junk bonds (oh so favored during speculative risk 'on' phases) and this behavior can eventually either…
High Yield spreads are elevating And the message is not a happy one for the risk 'on' world, which is most of the investing world. Combine it with Gold/Silver, Gold/Copper…
High Yield credit spread hits its highest level since December, 2020 A feature of a weakening economy, not mention strengthening risk 'off' behavior is rising High Yield credit spreads. Junk…
Junk-related credit spreads and inflation expectations remain tame and aloft, respectively Both of these indicators are intact to the inflation that the Fed created and by extension, the widespread speculation…
The Fed, like the rest of us, is being directed by markets As shown in yesterday's post the Fed is being directed in large part by the 2yr Treasury yield,…