Credit market - hint of risk off?

97
Junk bond spreads have been at historic lows, representing no stress evident in the credit markets. But lately, the JNK : TLT relationship is turning. Could this be a hint from the credit markets that we are moving towards a risk off (or reduced risk) environment? Watch the chart and accompanying RSI against key levels as a clue.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.