High Yield Bonds flashing a warning

Short

ICE BofA CCC & Lower US High Yield Index Effective Yield (FRED:BAMLH0A3HYCEY)

FRED:BAMLH0A3HYCEY ICE BofA CCC & Lower US High Yield Index Effective Yield

beyondta indicator macro bonds bondyields highyieldbonds

We have seen this movie before. High yield bonds work as a good proxy for risk-appetite in the market. Using a simple trend filter, we see clear warning signs developing. Question is - how far will this go?

RayonMarkets

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