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Home > S&P Gives Up Gains As High-Yield Bonds Break Bad Again

S&P Gives Up Gains As High-Yield Bonds Break Bad Again

By Tyler Durden
Created 12/21/2015 - 11:37
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/21/2015 11:37 -0500



 

Following a brief dead-cat-bounce into The Fed's policy error, high-yield bonds are once again being sold for the 3rd day in a row, filling the gap-up from last week. This reality - among others - is weighing on US equities as The S&P just gave up all its Monday morning "stocks are up and they should be" gains.

Credit crashing again...

[3]

 

And stocks not happy...

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Who could have seen that coming?

[5]

 

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Source URL: http://www.zerohedge.com/news/2015-12-21/sp-gives-gains-high-yield-bonds-break-bad-again

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