U.S. High-Yield Bond Sales in Freefall, Investors Fleeing the Small Caps, and Flattening Curve Reengaged…

U.S. high-yield bond sales are on track to be the lowest for a year since 2009.

Another recent shift in performance away from #SmallCaps could start to reverse #FundFlows
@WSJ @soberlook @MorningstarInc

Stock Outflows Swell as Investors Seek Refuge in Bonds

“Flattening curve reengaged!” h/t @TheBondFreak $TLT $TNX

Please check out my brand new HUGE report about the U.S. stock market bubble (it’s filled with charts you’ve never seen before!):

One of the more important charts of 2018.

US 5-Year Notes:
– High Yield: 2.815% Vs 2.719%
– B/C: 2.61 Vs 2.55
– Direct: 8.7% Vs 9.5%
– Indirect: 67.2% Vs 62.0%
– WI: 2.825%

— LiveSquawk (@LiveSquawk) July 25, 2018

US 2-year debt cost hits decade high after Trump’s remarks