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home / news releases / JNK - Another Challenging Year Ahead For The Fed


JNK - Another Challenging Year Ahead For The Fed

As equity prices soar to ever greater heights, bonds are attracting interest once again from safety-conscious investors. Led by recent gains in high-yield corporate debt, U.S. government bond prices are inching higher and threatening to break out to considerably higher levels in the coming weeks, in turn, pushing Treasury yields lower. Here, I'll argue that in response to lower bond yields, the Fed may be forced to cut its benchmark interest rate again later this year. I'll further argue that the central bank won't repeat last year's mistakes, and that recession will be averted yet

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Stock Information

Company Name: SPDR Bloomberg Barclays High Yield Bond
Stock Symbol: JNK
Market: NYSE

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