Quick Update On High Yield: Waiting For 7%-7.5% Current Yields
HYG is testing its 200-week moving average, but is still above the upwardly-sloping trend-line off the Q1 ’16 lows. The June ’19 lows for the HYG are just under $85 ($84.47) and the trend-line off the first quarter, 2016 lows is around $83. The JNK has traded clearly through its 200-week moving but remains above the upward-sloping trend-line …
News story posted on 2020-03-05T11:18:00.0000000Z
