One of the more important charts out there.
The JNK etf shows the investor sentiment based on the interest in high-yield debt. Considering the expectation for the number of defaults to increase, the fact this is not selling off and the spread looking bottom could possibly be a confirmation of the strength in equities.
Will be interesting to see if JNK can sustains a rally to close out the year.
High-yield spreads
High-yield effective yield:
The JNK etf shows the investor sentiment based on the interest in high-yield debt. Considering the expectation for the number of defaults to increase, the fact this is not selling off and the spread looking bottom could possibly be a confirmation of the strength in equities.
Will be interesting to see if JNK can sustains a rally to close out the year.
High-yield spreads
High-yield effective yield:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.