Spotted a correlation between High Yield Bonds and oil

iShares iBoxx $ High Yield Corporate Bond ETFArca

Descrizione

⋅ 5 lug 2022 04:01

They almost always trade exactly the same.

And HYG has NEVER gone down without oil going down.

Until right now.

Wonder how long it will take to correct.

Commento

⋅ 13 lug 2022 22:16

Both oil and HYG ticked up slightly just now.

Oil still owes HYG a crash.

Commenti

hippopath45403

⋅ 14 lug 2022 09:45

Who is leading who...from past info the bond market is bigger and is the leader...

MiserableToppings

⋅ 5 lug 2022 04:04

If the start of the chart is anything to go off another 6 months?

Altro