Bubble going to burst? More $USD liquidity disappearing into the Fed RRP, counteracting QE and tightening financial conditions.

Junk Bond Yields Hit Record Lows

  • Junk bonds have seen a record low in yields as strong balance sheets and a changing economy have boosted the market.
  • Fixed income traders see the move in the market backed by strong fundamentals and a quest for yield of any type.
  • Issuance in the low-grade category is on pace to smash previous records.