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Stocks and Junk Bonds: “This Divergence Appears Meaningful”

By Elliott Wave International The trends of the junk bond and stock markets tend to be correlated. The reason why is that junk bonds and stocks are closely affiliated in the pecking order of creditors in case of default. The rank of junk bonds is only slightly higher than equities because debt involves a contract. … Continue reading "Stocks and Junk Bonds: “This Divergence Appears Meaningful”"... Read More
Posted: Jun 29 2023, 02:27
Author Name: forexcycle
Views: 101963

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