This article calls junk bonds a canary in a coal mine. Analysts often view ructions in the high-yield, or “junk-bond,” market as a canary in
Tag: junk bonds
Junk Bonds May Finally Be Cracking
Any bearish phase in the broad market would be suspect without junk bonds also going bearish. The top panel is nominal HYG (Junk). The middle
Speculative Inflation bounce now suspect
Just as the larger Q4 2019 inflation trade failed miserably, this one is starting to pop its seams and come apart. At least according to
Junk finally cracks
Dividend unadjusted HYG broke down a few days ago and for months now we’ve been noting the breakdowns vs. Treasury and Investment Grade. But today
Who’s Leading You Astray?
From NFTRH 537’s Market Internals segment… “Who’s leading you astray, nominal Junk or its hidden bearish indicators?” Junk has since made a new high. Whee,
Negative Signals From Junk Bonds Continue
A holiday week is always a little dicey, but NFTRH’s Market Internals segment has been turning more indicators from green to neutral to red over
A Progression to the 4 Horsemen of the Apocalypse
I preface this post about bearish indicators with a note that I am currently long only, in the form of SPY and IWM (while looking
This Indicator Set is Still Intact for Risk ‘On’ Trades
There are a lot of failing leadership signals and the market’s got bad breadth, but this one persistent signal just has not given up the
Junk & Short Junk, Bearish & Bullish (daily charts)
HYG (junk bonds) has a bearish daily chart and so its evil twin, SJB (junk bond short fund) has a corresponding bullish daily chart. I
This Chart is Junk
So I increased my position against junk bonds. A possible H&S top forming in HYG. As long as the now down turned SMA 50 contains
High Yield: Risk Going ‘OFF’?
This little short-term pattern does not look too appealing as HYG looks foiled on its 3rd attempt at the 200 day moving average. High Yield
Junk Bond Echos
Hey Bueller, junk bonds are doing what? Dropping. Junk bonds vs. quality bonds are doing what? Dropping. Heading into October junk bonds and ratios did
NFTRH; Junk-Quality Credit Spreads
Junk bond fund HYG is breaking below the 50 and 200 day moving averages. HYG in relation to long-term Treasury bonds never did break above
Mixed Message in Bonds
Over in bond land where so many good market indicators live, we have a strange situation with the generally risk ‘OFF’ TLT (long-term Treasury) consolidating