Institutional Investors

How Junk Bond Funds Can Be An Early Economic Indicator

Wharton's Itay Goldstein discusses his working paper, which uncovers a very early warning signal on the state of the economy.

Q2 hedge fund letters, conference, scoops etc

There is a new leading indicator that uses intra-family flows into high yield — or junk — bond mutual funds to foresee credit-market overheating, which typically precedes economic downturns. Research by Wharton finance professor Itay Goldstein . . .


This content is 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

If you are subscribed and having an account error please clear cache and then cookies if that does not work email or click chat button and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers