[b]No Panic Here – Quality Credit Says Relax[/b]No Panic Here – Quality Credit Says Relax
After watching leveraged loans ( AMEX:BKLN ) and junk bonds ( AMEX:HYG ) take heavy hits, we shift to the quiet giant in the credit space: AMEX:LQD .
What is AMEX:LQD ?
It’s the ETF for investment-grade corporate bonds — meaning bonds issued by highly rated, stable companies.
We’re talking about names like Apple, Johnson & Johnson, Microsoft, JPMorgan, ExxonMobil — the blue-chip elite.
These aren’t the bonds you dump in a panic — they’re the ones you rotate into when credit stress builds.
What’s happening now?
📌 Price just bounced off 103.81 , a key support zone that also held:
• During the 2020 Covid crash
• In the 2022 banking mini-crisis
• Now in 2025 – mid macro uncertainty
From 2003 to 2021, this chart trended upward with pressure on resistance. Since 2022, the pressure flipped — testing support. But structure is still being respected perfectly .
🟢 The ascending channel remains intact
🧱 Support at 103.81 is holding
🔄 No breakdown, no fear — just rotation
Zoomed-in 30m chart shows a clean technical bounce .
If we revisit 100.33, that could be a final test of the base — but unless that breaks, this still looks bullish on a macro timeline.
What it means:
This is not a market panic .
It’s a rotation into quality.
• Junk bonds = sold but found support
• Leveraged loans = stress but not panic, on support
• Investment grade = stable
• ** CRYPTOCAP:BTC 🟧 = crypto wildcard in this macro unwind**
Bottom Line:
LQD is holding up, following the rules, and quietly saying:
"Relax, we've been here before."
One Love,
The FXPROFESSOR 💙
