US High Yield – CDX has tightened by 180bp in 6 weeks despite dismal data. Against the collapse in homebuilder sentiment & Empire PMI it looks nuts. pic.twitter.com/2M7SEwXGLC
— PPG (@PPGMacro) August 17, 2022
US mortgage payments as percentage of income higher than at the top of the subprime bubble👇 What could go wrong? Chart @RichardDias_CFA pic.twitter.com/Ji2QVKnVv9
— Michael A. Arouet (@MichaelAArouet) August 16, 2022
I made a chart. pic.twitter.com/STDVmR1xl7
— Jeff Weniger (@JeffWeniger) August 15, 2022
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