From the Desk of Ian Culley @IanCulley
Bonds are breaking out!
Yes… Bonds!
No, I’m not talking about US Treasuries. Those “risk-free” assets have plenty of work to do before I can take an informed long position.
I’m referring to corporate bonds. Remember, companies have numerous ways to raise capital besides selling shares – bonds being one of them.
But they’re not your run-of-the-mill corporate bonds flashing a buy signal…