From the Desk of Ian Culley @Ianculley
Bonds have stopped falling across the board!
That doesn’t mean it’s time to go all in. Tactically, it’s difficult to get behind this week’s near-term strength.
Right now, we’re looking at just a few days of bullish price action. And where do we define our risk?
We have to know where we’re right and where we’re wrong before we get involved in any investment.
Thankfully, high-yield bonds answer this all-important question.