‘High Yields’ Archive

Junk bond fund repeating 1999 & 2007′s pattern?

  CLICK ON CHART TO ENLARGE The Pimco High Yield fund (PHDAX) for a period of time around from 1997 to 1999 & 2005 to 2007 found it difficult to move higher, creating a series of level highs. At the same time it created a series of higher lows. Once old support was tested as […]

Are Junk Bonds suggesting the “Sky is going to fall” in stocks?

  CLICK ON CHART TO ENLARGE   Is the Sky going to fall because junk bonds fall 1.4%? Junk Bond ETF (JNK) has been in the news of late, due to recent softness. Should we be concerned? Some seem to think so! The lower inset chart does reflect that JNK has lagged SPY by almost […]

Junk Bonds acting like its 2000 & 2007 again! Yahoo???

  CLICK ON CHART TO ENLARGE Junk bond mutual funds are now nearing resistance levels at (1), that has kept them from moving higher for the past 10-years. In the past when these resistance lines were hit, it represented a peak for the junk market and stocks peaked around the same time  too. The adjusted […]