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Et tu, JNK?

Posted by StockBuz on May 28, 2013 at 4:25pm
Here just last week, Fox Business said S&P felt even with declining spreads and yields on junk bonds, S&P is bullish on some of the largest high-yield bond ETF such as JNK and HYG.....yet look at this lonnng trend line break. Downside target btw is the 200d but a test of the high could take place {2nd entry} Shaking my head; anyone bothers to listen to any ratings agency. Read more: http://www.foxbusiness.com/news/2013/05/21/junk-bond-etfs-still-appealing-says-sp/#ixzz2UcozO79l

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Tags: etf, bonds, jnk
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