The main lever, HYG is seeing distribution, longer term distribution has been in place for a while, HYG has just been a play thing to move the market. TLT is joining it as well. I suspect the SPY Arbitrage will have a dip in it near the close.
HYG intraday distribution
TLT intraday accumulation
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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