April 18, 2018

JUNK BOND MARKET STILL IN TOTAL DENIAL, FIGHTING THE FED Happily dreaming in La-la-land till the rude awakening. — SOURCE: 04-18-18 Wolf Richter – “Junk Bond Market Still in Total Denial, Fighting the Fed” — The Fed’s efforts to raise interest rates across the spectrum have borne fruit only in limited fashion. In the Treasury […]

JUNK BOND MARKET STILL IN TOTAL DENIAL, FIGHTING THE FED Happily dreaming in La-la-land till the rude awakening. — SOURCE: 04-18-18 Wolf Richter – “Junk Bond Market Still in Total Denial, Fighting the Fed” — The Fed’s efforts to raise interest rates across the spectrum have borne fruit only in limited fashion. In the Treasury […]