Wednesday, October 22, 2014

Mister I-like-being-the-market-and-dumping-high-yield-coupon-into-a-bidless-book is back


HYG:


If this red candle gets bigger, that'll feed through to $VIX and equities via the robots, and we'll get another dip in the market.

Probably a higher low because Ebola mysteriously disappeared and Europe mysteriously isn't collapsing anymore.*



* - UST10Y = 2.24% while Spain10Y = 2.16% as of this second

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