Junk Bond Breakout (Bespoke)

by Bespoke Investment Group

Yesterday, the iShares high yield corporate bond ETF (HYG) made a nice breakout.  The breakout pushed the ETF above key resistance at the $93 mark -- resistance that had been in place for more than a year.  With the resistance out of the way and now acting as support, the technicals certainly look strong for junk bonds.

Total
0
Shares
Previous Article

Rosenberg: U.S. Growth Potential Near 2%-2.5% - Fed May Go to Unlimited QE

Next Article

The Winds of Change (Mobius)

Related Posts
Read More

The 4th Turning of Markets: Darius Dale on Inflation, Debt & Investing in 2025

What if everything you thought you knew about the Fed, fiscal policy, and recession playbooks is already obsolete? In this episode, Darius Dale reveals why the U.S. economy has entered “Paradigm C” — a regime of fiscal dominance, deregulation, and coordinated support — and what it means for portfolios, the Fed, and your financial future.
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.