Junk bond (‘high yield’) debt interest rates are breaking higher

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‘Higher for longer’ tracking for much higher default rates.

The free money has been taken away by the Fed.

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All yields are taking a dump on the party.

Central planners at the FED have really done it.

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Onset of the Economic Avalanche Becomes Clear

jensendavid.substack.com/p/onset-of-the-economic-avalanche-becomes

h/t j_stars

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