$DXY a signal for corporate bonds?
VCLT
DXYI think there is some negative relation between
DXY and VCLT. Therefore watch out what the
DXY is doing Since it seems that when it goes up VCLT goes down. Dollar strength not good for long term corporate bonds it seems.
I imagine that it's because the market goes into short term treasury or longterm government bonds and avoids corporate bonds.
if anyone knows more let me know in the comments.
Rabbi.
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