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Tom McClellan

@mcclellanosc

Technical Analyst - Editor of The McClellan Market Report. Trying to figure out stock market physics, and to leave my campsite cleaner than how I found it.

ID: 111988112

linkhttp://www.mcoscillator.com/ calendar_today06-02-2010 21:34:18

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Tom McClellan (@mcclellanosc) 's Twitter Profile Photo
Tom McClellan
@mcclellanosc

2 months ago

There is an argument that JNK and HYG are benefiting from the concentration taking place in the HY bond market. The number of HY bonds being traded is now a small fraction of IG bonds, which is partly a function of falling bond prices, hence the correlation in this chart. But it

There is an argument that JNK and HYG are benefiting from the concentration taking place in the HY bond market. The number of HY bonds being traded is now a small fraction of IG bonds, which is partly a function of falling bond prices, hence the correlation in this chart. But it