HYG iShares iBoxx USD High Yield Corporate Bond ETF

$HYG $IEI $SPY High Yield Corporate Bond vs Intermediate Term Treasuries / Weekly Just something to potentially keep an eye on after recently being rejected at former/longer term resistance levels. And relatively speaking, especially don't want this ratio to start coming off and accelerating to the downside.

Junk Bonds $HYG are not looking so hot as rates rise and economic conditions get tough for risky credits However, for successful traders who've built Income funds aka "survival funds" to pay the bills during market downturns (like me😉) this could be good time to look at Junk CEF's or other funds that pay high Income on a monthly basis Some traders are gonna be like "you can do this??" Yes you can and should Note: keep an eye on credit-spreads. They've been historically tight last few years (bad) but if they widen a bunch (good) than even better

Credit leads equity I can't guarantee when debt leads equity but it always does... I give you Junk bonds See you on the other side $HYG

Even high yeild debt $HYG broke down through some major levels HUGE red flag USUALLy but not today just fucking wild!! $SPY $QQQ

$HYG $SPY looks like going to absorb the hotter CPI & try to reverse back to green for the day, should help $HYG bounce maybe even back > $77 ?

$HYG amazing, I wouldn’t buy here but amazing that this still gets a bid & still refuses to reset… but must eventually

$HYG $BNO & $USO up another 4% today as the pause in oil’s rally into this week’s meetings fade … the reality on the ground still suggests higher oil

$HYG OptionsFLO flow and daily chart read. The alert snapshot shows $9.6M in the Jun 17 $75 puts. Volume was 15.9x standing open interest at capture. Daily chart through Oct 6: last close $77.27, below its 20 and 50 day averages, with RSI at 30. The 3 month range is $76.39 to $79.97. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.

$HYG Credit markets just had their worst week since March. Spreads on global corporate bonds blew out about 5bp, leaving risk premiums at their widest in six months (Bloomberg). The mechanism is supply. A record borrowing wave, from Paramount’s $52.0B Warner deal to SoftBank, is hitting money managers who had been treating corporates as safer than sovereign debt. T. Rowe’s Sheldon Chan called it “choppiness that keeps people away.” Down the ladder it’s uglier. CCC junk spreads widened more than 100bp this month, toward the 1,000bp line that marks distressed territory, first time there since the 2023 regional-bank panic. One to watch in this tape: Broadcom is assembling a $60.0B debt package to fund Anthropic’s AI chips, $42.0B of senior debt through banks and $18.0B of junior debt led by Blackstone (Bloomberg). The AI buildout is increasingly a credit story.

$HYG Looking more and more like 2022 when we hit a low and then stayed depressed for the next year.

$HYG OptionsFLO flow and daily chart read. The alert snapshot shows $8.5M in the Jan 15 $77 puts. Volume was 2.6x standing open interest at capture. Daily chart through Sep 25: last close $77.86, below its 20 and 50 day averages, with RSI at 26. The 3 month range is $77.67 to $80.05. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.

$HYG $TLT both in bad shape thanks to FED HAWKS, Warsh letting Bond Vigilantes run the rates market, and $DJT stopping the Iran bombing back in April.

For all my bond traders out there, $HYG is now trading in OVERSOLD territory along the support area of $77.50 Who knows how high yields will go, but what comes up - must come down ... eventually LONG TERM POSITIONING!

What’s up with $HYG today? Big blocks of Oct 16 $77 puts are getting snapped up, around 250,000 traded, totaling roughly $3M in premium Looks like institutions are hedging against some downside with Treasury yields spiking Price hasn’t budged much yet This puts a caution flag on aggressive longs Keep an eye on how this plays out into October

$HYG OptionsFLO flow and daily chart read. The alert snapshot shows $6.2M in the Dec 18 $74 puts. Volume was 9.6x standing open interest at capture. Daily chart through Sep 16: last close $78.42, below its 20 and 50 day averages, with RSI at 27. The 3 month range is $78.36 to $80.07. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.