Chart o’ the Day: What Are Junk Bonds Trying to Tell Us?

Junk bonds are sometimes referred to as a canary in the coal mine for economic optimism (in both directions) and in the biz we call them “chicken equity” – brokers and advisors sometimes use high-yield corporates in place of stocks when coaxing a client off the sidelines back into risk.

Anyway, Chris Kimble gives us a look at the breakdown in the two big junk bond index ETFs, HYG and JNK:

(click to embiggen!)

junk bonds

What does this chart tell us about risk appetites now?

Source:

Kimble Charting Solutions

What's been said:

Discussions found on the web
  1. bitcoin evolution review commented on Oct 02

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/08/21/chart-o-the-day-what-are-junk-bonds-trying-to-tell-us/ […]

  2. ดูอนิเมะ commented on Oct 11

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2013/08/21/chart-o-the-day-what-are-junk-bonds-trying-to-tell-us/ […]

  3. Mossberg guns in stock commented on Oct 14

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2013/08/21/chart-o-the-day-what-are-junk-bonds-trying-to-tell-us/ […]

  4. essleyroofing.com commented on Oct 19

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2013/08/21/chart-o-the-day-what-are-junk-bonds-trying-to-tell-us/ […]