Marginal bond funding costs continue to show rising stress. US and EM junk bonds are falling:
In the US, yields are breaking above the 2018 Fed hiking scare crash:
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Chasing volatility:
Marginal bond funding costs continue to show rising stress. US and EM junk bonds are falling:
In the US, yields are breaking above the 2018 Fed hiking scare crash:
Chasing volatility:
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