Is 2019 About To Repeat 2018? 3 Similarities, 3 Differences... And JPM's Ominous Conclusion
May 27, 2019 at 06:18 AM EDT
The strong bond fund flows this year are boosting credit and US HY in particular. The biggest US HY ETFs saw a collapse in the borrow fee this year in contrast to a persistently high borrow fee during most of last year.