Showing posts with label Bonds and recessions. Show all posts
Showing posts with label Bonds and recessions. Show all posts

Sunday, January 24, 2016

24/1/16: High Yield Bonds Flash Red for Growth


An interesting regularity in the markets observed by JPM research: High Yield debt as a lead indicator of recessions… and of equities…



Self-explanatory…

Some more academic links on the high yield bonds forward prediction of business cycles: