What Do They Know? Investors Dump High Yield Bond Funds Most Since Election
by Tyler Durden
ZeroHedge.com
Fri, 04/20/2018
After rising for 10 of the previous 11 days, ever-hopeful that we can get back to ‘abnormal’, it appears a realization of just how levered US corporates are, as well as testing and losing a key technical level, prompted the biggest fund outflow from HY bond ETF since the 2016 election…
With HY Yields at their lowest decile on record…
The Rest…HERE
