Spotted a correlation between High Yield Bonds and oil

5 ביולי 2022

They almost always trade exactly the same.

And HYG has NEVER gone down without oil going down.

Until right now.

Wonder how long it will take to correct.

13 ביולי 2022

הערה

Both oil and HYG ticked up slightly just now.

Oil still owes HYG a crash.