They Fought The Fed And Lost: How Powell Triggered A "Spectacular" Short Squeeze In LQD
April 04, 2020 at 19:33 PM EDT
with shorts no longer allowed to speculate in IG debt or anything less risky only a few things remain subject to the whims of markets: junk bonds and stocks. After the epic squeeze in LQD, the short base on both HY ETFs and the SPY remains elevated.
