Is This High Yield ETF Forecasting the Next Stock Market Moves?
August 03, 2020 at 11:48 AM EDT
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) could be giving hints as to where the stock market could be headed next in the coming months. After data released showed that GDP contracted over 30% during the second quarter, equities have roared back, but the high yield market could hold...
