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

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

The free money has been taken away by the Fed.

All yields are taking a dump on the party.

Central planners at the FED have really done it.

Onset of the Economic Avalanche Becomes Clear

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

h/t j_stars