SPY - Weekly Review: High-Yield CEFs - ? Lot Of Volatility In The Last Week Of January
Introduction
The past week was very interesting in every aspect. The prices of the main benchmark of the high-yield bonds and the closed-end funds which invest in high-yield bonds were very volatile compared to their usual behavior. The week started with a sell-off after coronavirus fears continued to concern the investors. Until the end of the week, the situation was normalized and the appetite for riskier assets was again in focus. Another important event from the last week was the meeting of the United States central bank. As most of the audience expected, the Federal