Presented with little comment aside to ask... is it different this time?
and as a reminder, HY outflows are surging... [3] perhaps, just perhaps the taper does matter? [4] Perhaps the 'repo' issue we have been exposing matters? [5]
Presented with little comment aside to ask... is it different this time?
and as a reminder, HY outflows are surging... [3] perhaps, just perhaps the taper does matter? [4] Perhaps the 'repo' issue we have been exposing matters? [5]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/08/20140806_SPDR.jpg
[3] http://www.zerohedge.com/news/2014-08-01/high-yield-credit-crashes-6-month-lows-outflows-continue
[4] http://www.zerohedge.com/news/2014-07-30/why-10y-yield-heading-15-1-simple-chart
[5] http://www.zerohedge.com/news/2014-06-27/panic-behind-propaganda-why-fed-wants-you-sell-your-bonds