JNK/TLT ratio just peaked
JNK (junk bonds - aka corporate riskier debt) / TLT (20 year bonds):
Rising level means risk-on appetite for the market
Dropping level means risk-off.
We just peaked, however we could still see sizeable last market parabolic rally.
Rising level means risk-on appetite for the market
Dropping level means risk-off.
We just peaked, however we could still see sizeable last market parabolic rally.
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