Steve Sosnick, Interactive Brokers’ Chief Strategist, discusses how he has noticed a divergence in high-yield bond ETFs and the broader stock market.
Sosnick suggests that whether these two asset classes move in tandem or not may be a tell for the future direction of the markets.
He explored the deeper meaning of the relationship between both asset classes recently in a post titled High Yield Signals on Traders’ Insight.
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