LQD closed below the pre-covid high last Friday. Seems worth keeping an eye on. Will we see a revival in the Fed purchasing narrative if it continues?
Quite the gap forming between SPX and LQD..
Quite the gap forming between SPX and LQD..
Where am I?
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Hi Craig P,
Since LQP gives exposure to corporate bonds, does a dip in LQP mean a beginning of the tampering of QE?
Thanks,
-Kazu
Well yeah but HYG has been outperforming LQD.
if the Fed starts purchasing then the thing I would be long in bonds is HYG as opposed to LQD because it’s farther out on the risk curve.
i don’t have a long position in either of those tho.