HYG iShares iBoxx Dollar High Yield Corporate Bond

Fitting summary of S&P 500 rally – we‘ve seen one of the largest 2y yields daily declines on slowing wage inflation. ISM Services PMIs also added to the Fed hawkishness reappraisal. Squeezing the bears, credit markets were confirming with a risk-on turn likewise. Daily market breadth was really good, and spells that the move isn‘t […]
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