Oil Prices Up? No Signs Of Oil InflationRupert Hargreaves
Has the Federal Reserve finally burst the junk bond bubble? Perhaps, but then why is oil price inflation absent, yes oil has gone up we know but just wait.
Junk bonds took a pounding last week as investors fled the asset class due to rising rates and concerns about the passing of the Trump administration's proposed tax changes.
Reflecting the sell-off, investors pulled $1.3 billion from global exchange-traded funds that track high-yield bonds during the week exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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