Today’s Chart of the Day was shared in a note by Bank of America Global Research. The chart shows the S&P 500 over the past three years along with the US High Yield Options-Adjusted Spread. One of the more bearish developments over the past few weeks has been the widening of credit spreads. In the […]
Chart of the Day – Wednesday, September 22nd, 2021
High Yield spreads not sniffing out the "Lehman" moment just yet. pic.twitter.com/0GfwrEKGX9 — Dan Russo, CMT (@DanRusso_CMT) September 22, 2021 Today’s Chart of the Day was shared by Dan Russo (@DanRusso_CMT). It’s a chart of the CCC High Yield Bond spread over the past 15 years. A Chinese Real Estate firm by the name of Evergrande has […]